Webinar - 'Neither a [third country] borrower nor lender be': new EU licensing requirements for non-EU banks

In addition to implementing the final Basel III reforms, the amendments it will make to the EU’s Capital Requirements Directive are set to harmonise minimum requirements applicable to third-country banks providing so-called ‘core banking services’ in the EU. These include the requirement to establish a branch and seek authorisation in each member state in which those activities are provided.

This session discussed the scope of those requirements, what they are likely to mean from a prudential and internal governance perspective, and what third country banks will need to do to prepare.