Article summary
HM Treasury (HMT) has issued a statement on the applicability in the UK of the EU targeted banking package, which comprises Regulation (EU) 2020/873 amending the Capital Requirements Regulation (Regulation (EU) 575/2013) (CRR) and the Capital Requirements Regulation II (Regulation (EU) 2019/876) (CRR II) to make certain adjustments in response to the coronavirus (COVID-19) pandemic.
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