CRR II – 50% finalisation of Basel III and already 50% of Basel IV
After more than two years of intensive discussions and deliberations, the EU’s “Banking Package” was finalised on 14 February 2019 and is about to pass EU parliament on 15 April 2019.
The implementation of the Banking Package, consisting of significant amendments to the Capital Requirements Regulation (“CRR II”), the Capital Requirements Directive (“CRD V”), the Bank Recovery and Resolution Directive (BRRD II) and the Single Resolution Mechanism Regulation (“SRMR II”), is expected to be a major and challenging task. While the parliament’s vote will only be on 15 April 2019; it is inevitably clear that the changes will have to be dealt with by the banks as soon as possible. With such enormous changes, banks will find themselves running out of runway quickly.
From our point of view, the Banking Package will impact the banking industry on a larger and more intense scale than CRR/CRD IV (i.e. the predecessor of the Banking Package).
The PwC International CRR II Conference on 7 May 2019 in Frankfurt, is designed to bring you a condensed overview of the changes, impact and challenges of the Backing Package, particularly focusing on CRR II. With experts from our global PwC network and representatives from banks and European supervisors, we are set to update you on the final contents of CRR II/CRD V and highlight specific elements of the BRRD II and the SRMR.
Please find more information about the conference and a detailed agenda in the conference flyer and under the following link:
The International CRR II Conference is free of charge.
We look forward to welcoming you to our International CRR II Conference!
Global Basel IV Leader
Telefon: +49 69 9585 3328
Mobil: +49 151 5380 0865