New Banking Package

Progress on revision of CRR, CRF IV, on BRRD and the implementation of TLAC


EU Parliament's and the Council's negotiators agreed upon a solution that paves the way for a final agreement on the revision of the CRR, the CRD IV, on the implementation of the TLAC standard in European law and on the Banking Recovery and Resolution Directive.
The package can be divided into two deals - for details concerning e.g. the leverage ratio, the NSFR or ESG risks, see Parliament's official press release.
Final papers on the different initiatives upon which Parliament and Council can officially decide on are probably going to be published during the next weeks.