Reducing risks and strengthening proportionality in the banking sector
Initiative
Official name
Gesetze zur Umsetzung der Richtlinien (EU) 2019/878 und (EU) 2019/879 zur Reduzierung von Risiken und zur Stärkung der Proportionalität im Bankensektor (Risikoreduzierungsgesetz – RiG)
Type
Act/Law
Level 1
Initiator
German government
Submitted
22.04.2020
Doc. code
BGBl I Nr.61/2020
Summary
Status
Status
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Current version
Final version
Next step
Entry into force and application
Entry into force
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Application date
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Scope
Relevant for
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Associated initiatives
Level 1
Revision of the CRR (CRR2) - General Part
(binding, Amendment, EU)
Revision of the CRD IV (CRD V)
(binding, Amendment, EU)
Amendment to SRM as regards loss -absorbing and recapitalisation capacity
(binding, Amendment, EU)
Amendment to BRRD on loss -absorbing and recapitalisation capacity (BRRD2)
(binding, Amendment, EU)
German Banking Act Kreditwesengesetz (KWG)
(binding, Main version, DE)
BRRD implementation act (incl. recovery and resolution act)
(binding, Main version, Amendment, DE)
Restructuring fund act (Restrukturierungsfondsgesetz - RStruktFG)
(binding, Main version, Amendment, DE)
Securities Trading Act (Revised version 1998)
(binding, Main version, DE)
Investment Code and AIFM Implementation Law (KAGB)
(binding, Main version, Amendment, DE)
Payment Services Supervision Act (Zahlungsdiensteaufsichtsgesetz - ZAG) and implementation of PSD2
(binding, Main version, Amendment, DE)
Investor Compensation Act
(binding, Main version, DE)
DGSD implementation act
(binding, Main version, Amendment, DE)
Insurance Supervision Act - VAG
(binding, Main version, DE)
Level 2
Third Regulation amending the Large Exposures and Million Loans Regulation (GroMiKV)
(binding, Amendment, DE)
Third Regulation amending the Regulation on the remuneration of institutions (InstitutsVergV)
(binding, Amendment, DE)
Third amendment of SolvV - Capital buffer
(binding, Amendment, DE)
Fourth Regulation amending the Regulation on the remuneration of institutes (InstitutsVergV)
(binding, Amendment, DE)
Level 3 / Other
Source: German government, BGBl I Nr.61/2020, 2020