CRD IV and CRR

CRD IV and CRR guidance:

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

Practice Note

This Practice Notice details the background and legislative history in relation to the CRD IV package, the latest package of major reforms to EU legislation on prudential...

Practice Note

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

Practice Note

The implementation of Basel III in Europe saw the replacement of the Banking Consolidation Directive (BCD) and the Capital Adequacy Directive (CAD) (also known as the...

Practice Note

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

Practice Note

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

Practice Note

The UK is due to leave the EU on Exit Day (as defined in the European Union (Withdrawal) Act 2018). This has an impact on this Practice Note. For further guidance on the...

Practice Note

Introduction and background The Basel II Accord recognised that operational risk is a major source of actual and potential exposure for banks and identified three...

Practice Note

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 further guidance on the...

Practice Note

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

Practice Note

Background to passporting under CRD IV The Capital Requirements Directive (2013/36/EU) (CRD IV) enables credit institutions and their subsidiaries that...

Practice Note

UK preparations for Brexit This Brexit Capital Requirements Regulation (EU) 575/2013 (CRR) quick guide details current UK legislation, retained EU legislation and FCA and...

Practice Note

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 guidance, see...

Practice Note

Prudential amendments to CRR, CRD IV, MiFID II and MiFIR On 20 December 2017, the European Commission proposed an overhaul of the prudential regime for investment firms...

Practice Note

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

Practice Note