Amending capital requirements: The 'CRD-V package'

21-09-2018

In June 2018, the Parliament's Economic & Monetary Affairs Committee (ECON) voted its report on the legislative proposals amending the current Capital Requirements Directive and Regulation (the 'CRD-IV package') which set the prudential framework for financial institutions operating in the EU. The Council (Ecofin) achieved agreement on its position on the initiative in May. The proposed amendments to the package, now being discussed by the two institutions in trilogue, implement the most recent international regulatory standards for banks, set by the Basel Committee on Banking Supervision ('Basel III framework'). They also address some regulatory shortcomings and aim to contribute to sustainable bank financing of the economy.

In June 2018, the Parliament's Economic & Monetary Affairs Committee (ECON) voted its report on the legislative proposals amending the current Capital Requirements Directive and Regulation (the 'CRD-IV package') which set the prudential framework for financial institutions operating in the EU. The Council (Ecofin) achieved agreement on its position on the initiative in May. The proposed amendments to the package, now being discussed by the two institutions in trilogue, implement the most recent international regulatory standards for banks, set by the Basel Committee on Banking Supervision ('Basel III framework'). They also address some regulatory shortcomings and aim to contribute to sustainable bank financing of the economy.