The implementation of the new Basel framework of December 2017 will be a significant change for banks in the European Union. With EBA’s publications on the call for advice of the EU Commission in the second half of 2019, the process for the legal implementation of the final Basel III Regulations has now started.
This Guide provides an overview of the adjustments to the essential existing banking supervisory requirements at EU level, which result both from the legal texts of the banking package already finalized in 2019 and from the Call for Advice for Basel III implementation, e.g.:
changes in CRR and CRD
new requirements of EBA and ECB Banking Supervision on the SREP
EU requirements in the field of recovery and resolution
The book gives experts and practitioners in the credit institutions a comprehensive decision-making aid on the upcoming changes to supervision law
Post-reform update:
Due to increased credit risks following the COVID 19 lockdowns, there may be further delays in implementation in the EU. The volume already responds to all relevant innovations resulting from the pandemic.