CRR/CRD: The delegated act on the date of application of the own funds requirements for market
The CRR 3/CRD 6 package constitutes the final phase in the implementation of the internationally agreed finalised Basel 3 prudential requirements for banks into the EU financial services acquis. In particular, the CRR 3 introduces the revised market risk requirements as binding own fund requirements. These requirements were introduced in the CRR 2 only as reporting requirements. However, at the time of the adoption of the CRR 3 it was not clear how and whether other major jurisdictions will apply the finalised market risk framework. Therefore, co-legislators mandated the Commission to monitor possible differences in the international implementation of the market risk framework and, in case of ‘significant differences’, empowered the Commission to postpone the application of the capital requirements for market risk for up to two years or to introduce temporary amendments to CRR 3 market risk requirements in the form of capital multipliers or targeted operational relief measures (Art. 461a CRR). On 24 July 2024, the Commission adopted a delegated act (DA) postponing the date of application of the market risk framework by one year to 1 January 2026.
Briefing
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Τύπος δημοσίευσης
Συγγαφέας
Λέξη κλειδί
- δίκαιο της Ευρωπαϊκής Ένωσης
- ΔΗΜΟΣΙΟΝΟΜΙΚΑ
- εκτελεστική εξουσία και δημόσια διοίκηση
- εκχώρηση εξουσίας
- ελεύθερη κυκλοφορία των κεφαλαίων
- Ευρωπαϊκή Κεντρική Τράπεζα
- ΕΥΡΩΠΑΪΚΗ ΕΝΩΣΗ
- θεσμικά όργανα της Ευρωπαϊκής Ένωσης και ευρωπαϊκή δημόσια διοίκηση
- κανονισμός (ΕE)
- νομισματική οικονομία
- οικονομική διακυβέρνηση (ΕΕ)
- πιστωτική αγορά
- ΠΟΙΤΙΚΗ
- Τραπεζική Ένωση της ΕΕ