June 28, 2018

European Parliament, or EP, published reports on the proposals to amend the fourth Capital Requirements Directive (CRD IV or Directive 2013/36/EU), the Capital Requirements Regulation (CRR or EU Regulation No 575/2013), Bank Recovery and Resolution Directive (BRRD or Directive 2014/59/EU), and Single Resolution Mechanism Regulation (SRMR or Regulation (EU) No 806/2014). For each proposal, EP published drafts of the EP legislative resolutions, the procedure followed by the committee responsible, and the final vote by roll call in the committee responsible.

The reports are on the following proposals:

  • Proposal for CRD 5 is regarding exempted entities, financial holding companies, mixed financial holding companies, remuneration, supervisory measures, and powers and capital conservation measures.
  • The proposal for CRR 2 covers the leverage ratio, the net stable funding ratio, requirements for own funds and eligible liabilities, counterparty credit risk, market risk, exposures to central counterparties, exposures to collective investment undertakings, large exposures, reporting and disclosure requirements and amends European Market Infrastructure Regulation (EMIR or EU Regulation No 648/2012). 
  • Proposal for BRRD 2 involves loss-absorbing and recapitalization capacity of credit institutions and investment firms and amends Directive 98/26/EC, Directive 2002/47/EC, Directive 2012/30/EU, Directive 2011/35/EU, Directive 2005/56/EC, Directive 2004/25/EC, and Directive 2007/36/EC.
  • Proposal for SRMR 2 is on loss-absorbing and recapitalization capacity for credit institutions and investment firms.


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Keywords: Europe, EU, Banking, CRD 5, CRR 2, EMIR, BRRD 2, SRMR 2, European Parliament