CRD IV: implementing the Basel III reforms in Europe
Frankfurt am Main
Salvador Ruiz Bachs
20 January 2014
1 January 2014 saw the implementation of Basel III in the European Union (EU) via the Capital Requirements Directive IV (CRD IV) and the Capital Requirements Regulation (CRR).
These twin pieces of regulatory reform represent the biggest change to capital requirements for financial institutions since the financial crisis. The combined reforms introduce new capital, leverage and liquidity requirements, whilst also introducing new concepts such as capital buffers and imposing regulatory frameworks on securitisations, derivatives trading and remuneration policies.
Our Financial Services Regulatory, Securitisation and Derivatives and Structured Finance teams have produced a series of briefing papers on the impact of CRD IV and the CRR. For more information on the topics covered in these briefings please contact the team members listed in the briefings.
If you would like to receive more information about our regulatory capital expertise and how we can assist you please contact John Morris.
Capital Requirements Directive IV Framework
No. 2 - Capital and Capital Adequacy
No. 3 - Standardised approach to credit risk in the Banking Book
No. 4 - IRB approach to credit risk in the Banking Book
No. 7 - The Securitisation Framework
No. 17 - European Additions to Basel III