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Prudential regulation (CRD IV/CRR) updates and Single Rulebook

Prudential regulation (CRD IV/CRR) updates and Single Rulebook

The current rules on prudential requirements for credit institutions and investment firms are established by Directive 2013/36/EU and Regulation (EU) No 575/2013, collectively known as CRD IV/CRR.

These rules provide empowerments for the adoption of a large number of delegated and implementing acts in order to enable the so-called Single Rulebook. The term Single Rulebook refers to the aim of a unified regulatory framework for the EU financial sector that completes the single market in financial services. Its purpose is to ensure uniform application of Basel III in all Member States and close regulatory loopholes.

The complete list of implementing and delegated acts on Regulation (EU) No 575/2013 (CRR) may be found here. The amending legislation and corrigendum may be found here.

The users may also find useful the interactive Single Rulebook (including references to Regulatory or Implementing Technical Standards and EBA guidelines and Questions&Answers) for CRR and for CRD.