Regulatory Alerts2019-06-17
The European banking package – revised rules in EU banking regulation
The European Commission issued the European banking package to implement final Basel III standards through amendments to the CRR and CRD, aiming to strengthen the stability and resilience of the European banking system. The revised rules introduce binding leverage ratios, a net stable funding ratio, and a new standardised approach for counterparty credit risk while significantly reducing administrative burdens for small, non-complex institutions. Additionally, the package adjusts resolution regimes by increasing bail-inable capital and granting specific exemptions to German promotional banks from certain EU supervisory frameworks.
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