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CAPITAL REQUIREMENTS DIRECTIVE The Capital Requirements Directive (Directive 2006/48/EC and Directive 2006/49/EC) was adopted on 14 June 2006 •
The directive will apply to all
credit institutions and investment firms in EU (more than 8300 banks and 40 cross-border
groups) The Directive is one of
the measures required to complete the EU Financial Services Action
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| The new Basel Accord (Basel ii) will be implemented in the European Union via the Capital Requirements Directive (CRD) | ||||
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DIRECTIVE 2006/49/EC OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 14 June 2006 on the capital adequacy of investment firms and credit institutions (recast) Return to Index | ||||
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