ARTICLE
2 April 2013

Final European Proposal For New Bank Capital Rules

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De Brauw Blackstone Westbroek N.V.

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De Brauw Blackstone Westbroek is a leading international law firm, trusted by clients for over 150 years due to its deep engagement with their businesses and a clear understanding of their ambitions. While rooted in Dutch society, the firm offers global coverage through its network of top-tier law firms, ensuring seamless, tailored legal solutions. De Brauw’s independence enables it to choose the best partners while remaining a trusted, strategic advisor to clients worldwide.

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The European Council and the European Parliament reached agreement on a proposal for new bank capital standards, implementing the Basel 3 agreement.
European Union Finance and Banking

The European Council and the European Parliament reached agreement on a proposal for new bank capital standards, implementing the Basel 3 agreement. The new rules will be voted on by the European Parliament on 15 April 2013 and are expected to be adopted without any material changes. The rules, known as the "CRD 4 package" provide for:

  • additional capital requirements
  • liquidity requirements
  • capital conservation buffers
  • systemic risk buffers
  • additional requirements for variable remuneration policies
  • governance and transparency requirements.

The CRD 4 package is expected to directly apply to banks and investment firms as of 1 January 2014.

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