Learn how CRDIV reporting requirements, enacted to strengthen the resilience of the EU banking sector against economic shocks while ensuring the continued availability of essential capital, are impacting both banks and National Competent Authorities.
EU Parliment Press Release: From 1 January 2014, EU banks will be stronger. Changes voted by Parliament on Tuesday will cap banker’s bonuses to curb speculative risk-taking, step up capital provisions to help banks cope better with crises and stiffen supervision. This EU banking reform package, the most comprehensive so far, should also spur growth, […]
Global banking regulators will examine whether their new rules forcing lenders to hold more capital to absorb any future losses should be simplified after criticism that they are too complex to be effective. Read more. http://www.istockphoto.com/photo/euro-symbol-in-front-of-the-european-central-bank-39484324?st=5d1af99Â
The Council of the European Union “broadly endorsed the outcome of the most recent political trilogue with the European Parliament on the so-called CRD 4 package amending the EU’s rules on capital requirements for banks and investment firms” and put forth proposals to incorporate Basel III in to EU law.
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