In the first of three articles we focus on new harmonized regulatory requirements that apply to certain types of M&A transactions in the EU banking sector.
Capital Requirements Regulation
The regulator has proposed seven possible approaches for reforming current rules.
Banking lobby groups in the US and the UK have been calling for relaxation of rules around bank leverage. But the UK's top banking regulator says current circumstances are too volatile for any risky change.
This is a major step in CRD VI implementation programs for non-EU banking groups with EU branches.
Prudential rules that apply to gold under the domestic regimes which implement the Basel Framework in the EU, UK, and US.
The consultation is relevant to PRA-authorized banks, building societies and designated UK investment firms.
The proposed rules would only apply to MIFIDPRU investment firms, with announcements due for market making/principal trading firms.
Now that the cap has been removed, we look at the practical implications for banks, building societies and PRA-designated investment firms.