Banks face tough EU liquidity rules

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Series Details 18.5.11
Publication Date 18/05/2011
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CRD4 – a set of amendments to the existing EU Capital Requirements Directive that sets out rules for bank capital – is the mechanism by which the European Commission will implement across the European Union the new Basel III global rule book for bank capital and liquidity. The draft law is set to be published in July 2011.
Related Links
European Commission: Staff Working Document: Possible further chnages to the Capital Requirements Directive, 2010 http://ec.europa.eu/internal_market/consultations/docs/2010/crd4/consultation_paper_en.pdf
Wikipedia: Basel III http://en.wikipedia.org/wiki/Basel_III
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