Commission will host a public hearing on possible changes to the Capital Requirements Directive
On 26 April 2010, the European Commission will host a public hearing on further possible changes to the Capital Requirements Directive (“CRD IV”). The event will be open to all stakeholders who have responded to the respective Commission services staff working document published for consultation on 26 February 2010.
- Programme: agenda of the public hearing
- Date: 26 April 2010
- Venue: Charlemagne Building Brussels (Jean Durieux meeting room – Niveau 1), Rue de la Loi 170, Brussels, Belgium
- Registration: You may register for the public hearing by sending an email, with your full name and the name of your organisation, to: markt-h1-conferences@ec.europa.eu
The Commission advises that the number of places is limited. Participation will be on a first confirmed first served basis. The Commission will probably not be able to accommodate more than one representative of an agency.
On 26 February, the Commission launched a public consultation on further possible changes to the Capital Requirements Directive (CRD) aimed at strengthening the resilience of the banking sector and the financial system as a whole. The proposed changes, known as 'CRD IV', following two earlier Commission proposals amending the CRD, relate to seven specific policy areas, most of which reflect commitments made by G20 leaders at summits in London and Pittsburgh during 2009. These commitments included building high-quality capital, strengthening risk coverage, mitigating pro-cyclicality and discouraging leverage, as well as strengthening liquidity risk requirements and forward-looking provisioning for credit losses. All interested stakeholders were invited to reply to the consultation by 16 April 2010, indicating what impact the potential changes would have on their activities.
Capital Requirements Directive ('CRD IV') - public consultation
