EC consultation on bank capital requirements directive
17 Apr 2008
The European Commission has launched a public consultation on possible changes to the Capital Requirements Directive (CRD) (2006/48/EC and 2006/49/EC).
Comments are invited by 16 June 2008. The review of the CRD is, in part, a response to the recent recommendations of the G-7 Financial Stability Forum. Opinions are sought on (a) large exposures, (b) hybrid capital instruments, (b) supervisory arrangements, (d) the waivers for banks organised in networks, and (e) adjustments to certain technical provisions. We have more information and links on our New Credit Crunch Page.