Regulatory Breaking News: CRR III draft published by EU Commission

The European Commission‘s Banking Package (CRR III, CRD VI and BRRD III) by which the final elements of the Basel III framework (Basel IV) are transposed to European law were published on October 27, 2021. The long-awaited legislative proposals were initially expected for mid-2020 but have been postponed due to the COVID-19 pandemic.

Basel IV expert Martin Neisen collected first comments on the EU Banking in Package in Frankfurt.

More insight into the EU Banking Package, detailed information and implications will be available here soon.

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