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Finance
  • Proposal for a directive

EU banking reform to further strengthen the resilience of EU banks

Description

On 23 November 2016 the Commission proposed amendments to the Bank Recovery and Resolution Directive (BRRD) and to the banking prudential requirements directive and regulation (known as CRD IV/CRR). The amendments include measures that will further strengthen the European resolution framework and the ability of relevant authorities to achieve resolution outcomes that are effective in safeguarding financial stability and public funds.

On 16 April 2019 the European Parliament endorsed the final agreement on a comprehensive set of reforms proposed by the Commission to strengthen further resilience and resolvability of EU banks.

Stakeholder consultations

As part of the review the Commission held 2 targeted consultations in May 2016 to gather stakeholders' views.

  • 26 MAY 2016
Document: Consultation document on proportionality in the future market risk capital requirements and the review of the original exposure method
  • 26 MAY 2016
Document: Consultation paper on further considerations for the implementation of the NSFR in the EU

The Commission also held a public consultation in July 2015 to respond to reporting requirements under the banking prudential requirements regulation.

  • Consultation on the potential impact of capital requirements rules on bank financing of the economy.

Files

  • 26 MAY 2016
Document: Consultation document on proportionality in the future market risk capital requirements and the review of the original exposure method
  • 26 MAY 2016
Document: Consultation paper on further considerations for the implementation of the NSFR in the EU