Newsalert | CRD 6

In December 2023, the Council confirmed the final compromise reached in the trilogue negotiations between the Council, the European Commission and the European Parliament  (‘EP’) regarding a new amendment of the Capital Requirements Directive (“CRD 6”). This reform package is now in the final stages of the legislative procedure and will likely be adopted by the EP in early 2024. The European Network firms Chiomenti, Cuatrecasas, Gide and Gleiss Lutz have prepared a joint paper that gives an overview of the current EU regulatory framework, the Third Country Regime under CRD 6 as well as the national implementation and impact.