CRD IV and CRR

View Financial Services by content type:

Practice notes

Precedents

Q&As

Featured Financial Services content

Brexit legislation tracker

This Practice Note tracks the progress of UK legislation introduced as part of the legislative project associated with the UK’s withdrawal from the

General principles of insurance contract law

What is insurance law?Insurance law can be split into three parts:•insurance contract law which governs the contractual relationship between insureds

Disclosure requirements for occupational and personal pension schemes—the 2013 disclosure regulations

CORONAVIRUS (COVID-19) UPDATE: In light of the coronavirus pandemic, the Pensions Regulator (TPR) issued guidance setting out reporting easements

Insurance Distribution Directive (IDD)—organisational and conduct of business requirements

BREXIT: As of exit day (31 January 2020) the UK is no longer an EU Member State. However, in accordance with the Withdrawal Agreement, the UK has

Practice notes

The Money Laundering Reporting Officer (MLRO)—duties

The roles of nominated officer and money laundering reporting officerA nominated officer is an individual who is nominated by a firm to receive...

21st Oct

In-house

Practice notes

Financial services outsourcing—post MiFID II implementation

BREXIT: As of exit day (31 January 2020) the UK is no longer an EU Member State. However, in accordance with the Withdrawal Agreement, the UK has...

19th Oct

Practice notes

AIFMD—the marketing of AIFs, passporting and third country provisions

BREXIT: As of exit day (31 January 2020), the UK is no longer an EU Member State. However, in accordance with the Withdrawal Agreement, the UK has...

5th Oct

Practice notes

Regulated activities relating to consumer credit

This Practice Note sets out and examines the consumer credit regulated activities in the Financial Services and Markets 2000 (Regulated Activities)...

5th Oct

In-house

Practice notes

The regulation of crowdfunding platforms

This Practice Note discusses the regulatory issues faced by crowdfunding platforms from a financial services perspective. It should be read in...

5th Oct

Practice notes

Market Abuse Regulation (MAR)—essentials

BREXIT: As of exit day (31 January 2020) the UK is no longer an EU Member State. However, in accordance with the Withdrawal Agreement, the UK has...

1st Oct

Practice notes

MLD4 and 2017 MLRs—customer due diligence checklist for financial services firms

Brexit: As of exit day (31 January 2020) the UK is no longer an EU Member State. However, in accordance with the Withdrawal Agreement, the UK has...

26th Sep

In-house

Practice notes

AIFMD—essentials

BREXIT: As of exit day (31 January 2020) the UK is no longer an EU Member State. However, in accordance with the Withdrawal Agreement, the UK has...

26th Sep

Practice notes

Payment Services Regulations 2017—scope

BREXIT: The UK is leaving EU on Exit Day (as defined in the European Union (Withdrawal) Act 2018). This has an impact on this Practice Note. For...

26th Sep

Practice notes

Regulated mortgage contracts and home finance transactions defined

Background to the regulation of home finance transactionsThe regulation of home finance transactions came about at different points in time. HM...

25th Sep

Practice notes

Consumer credit: rules relating to arrears, default and recovery

Goode consumer credit materials—default and enforcementFor further discussion on the topics raised in this Practice Note, a statement of the...

25th Sep

Practice notes

MiFID II conduct of business and investor protection requirements

BREXIT: The UK is leaving the EU on Exit Day (as defined in the European Union (Withdrawal) Act 2018). This has an impact on this Practice Note. For...

25th Sep

Practice notes

Regulated activities—exempt persons

In this Practice Note, references to exemptions relate to persons who are exempt from the need to apply for authorisation from the Prudential...

25th Sep

Practice notes

Goode on Consumer Credit—materials

Goode: Consumer Credit Law and Practice This volume contains thirteen divisions and states the current law with commentary on consumer credit in the...

25th Sep

Practice notes

Exclusions applying to several specified kinds of activity

BREXIT: The UK is leaving EU on Exit Day (as defined in the European Union (Withdrawal) Act 2018). This has an impact on this Practice Note. To ensure...

25th Sep

Practice notes

Appointed representatives

This Practice Note discusses the main Financial Conduct Authority (FCA) provisions applying to appointed representatives (ARs) that carry out...

25th Sep

Most recent CRD IV and CRR content

Practice notes

CRD IV Credit Valuation Adjustment

Definition of Credit Valuation AdjustmentAfter years of relative neglect, the concept of Credit Valuation Adjustment (CVA) is now at the forefront as...

25th Sep

Practice notes

CRD IV capital buffers

Background to CRDIV capital buffersCapital buffers originated as a key component of the Basel III capital reforms which were issued in June 2011 and...

25th Sep

Practice notes

The treatment of large exposures under CRD IV

Introduction—application of the large exposure requirementsConcentration risk is an area of prudential regulation which often throws up confusion....

25th Sep

Practice notes

Capital Requirements Regulation—counterparty credit risk, credit valuation adjustment and disclosures on quality of capital

IntroductionThe financial crisis of 2007-2009 caused a spike in market volatility for which firms were ill-prepared. When the capital markets froze...

25th Sep

Practice notes

General passporting requirements under CRD IV

Single market passporting regime—CRD IVAmong the European Union’s (EU) core goals has been the development of the internal market, specifically to...

26th Sep

Practice notes

Basel Accord

The Basel Committee on Banking Supervision (BCBS), consisting of the central banks of governors of the so-called G10 countries (Belgium, Canada,...

26th Sep

Practice notes

CRD IV—essentials

BREXIT: As of exit day (31 January 2020) the UK is no longer an EU Member State. However, in accordance with the Withdrawal Agreement, the UK has...

26th Sep

Practice notes

Review of the prudential framework for investment firms

Brexit: As of exit day (31 January 2020), the UK is no longer an EU Member State. However, in accordance with the Withdrawal Agreement, the UK has...

26th Sep

Practice notes

Banking Union: The EU banking package

A package of legislation intended to reduce risks in the EU banking sector, known as the ‘banking package’, was published in the Official Journal of...

26th Sep

Practice notes

Regulatory capital treatment of securitisations under CRR and Solvency II

BREXIT: As of 31 January 2020, the UK is no longer an EU Member State, but has entered an implementation period during which it continues to be...

28th Sep

Q&As

Regarding the Capital Requirements Regulation (CRR) (EU Regulation 575/2013) is there a transition period for banks to comply in relation to subordinated loan agreements that are covered by article 63 of the Regulation?

CRR transitional provisionsThe transitional provisions of the Capital Requirements Regulation (CRR) (Regulation 575/2013) are set out in Part Ten of...

28th Sep

Q&As

Will the UK remain a signatory to the Basle Capital Convergence Agreement of July 1988 post Brexit?

The Basel Accords—Basel I, II and IIIThe Basle (or Basel) Capital Convergence Agreement of July 1988, is the original text of the first Basel Capital...

28th Sep

Brexit

Practice notes

Coronavirus (COVID-19)—targeted EU banking package

This Practice Note summarises the new targeted banking package of measures proposed by the European Commission in April 2020 to address the impact of...

2nd Oct

COVID-19

Practice notes

CRD IV/CRR—Remuneration requirements

As of exit day (31 January 2020) the UK is no longer an EU Member State. However, in accordance with the Withdrawal Agreement, the UK has entered an...

5th Oct

Practice notes

Quick Look Brexit Financial Services Legislation Status Guide—CRR

This Quick Look Brexit Financial Services Legislation Status Guide provides high-level information on the status of the Capital Requirements...

7th Oct

Brexit

Practice notes

Coronavirus (COVID-19)—EU capital markets recovery package

This Practice Note summarises the new capital markets recovery package of measures proposed by the European Commission in July 2020 to address the...

16th Oct

COVID-19

Practice notes

Impact of Brexit: CRR and prudential regulation—quick guide

This Brexit Capital Requirements Regulation (EU) 575/2013 (CRR) quick guide details current UK legislation and retained EU legislation that will be...

20th Oct

Brexit

Practice notes