Legal News

HM Treasury statement on applicability of EU targeted banking package

Published on: 17 July 2020
Published by LNB News

LNB News 17/07/2020

Document Information

Issue Date: 17 July 2020

Published Date: 17 July 2020

Jurisdiction(s): England, Northern Ireland, Scotland and Wales

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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