Best Friends CRD VI Explained

Written with contributions of Bena Mara, Melanie Baraghid and Arnaud Caillat

Our CRD VI Explained report, produced in collaboration with the Best Friends (BonelliErede, De Brauw Blackstone Westbroek, Hengeler Mueller, Slaughter and May and Uría Menéndez), distils what CRD VI changes matter most, where implementation will bite, and how supervisory practice is likely to evolve.

CRD VI represents a new chapter in the development of the EU’s prudential rulebook, replacing patchwork national approaches on a range of issues with a more harmonised framework across core supervisory touchpoints.

Read the full report to explore the six critical elements of the CRD VI framework at EU level, including:

• Mergers and divisions
• Material transfers of assets and liabilities
• Third country branches of international banks
• Governance – individuals, fit and proper
• Collective governance and risk culture
• Developing supervisory powers: sanctions and AMLA

Read the full report here