CRD IV: Difference between revisions
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*A base for liquidity and leverage requirements; and | *A base for liquidity and leverage requirements; and | ||
*Macroprudential standards. | *Macroprudential standards. | ||
The related rules and supervisory statements to implement CRD IV in the UK are set out in the Prudential Regulatory Authority (PRA)'s Policy Statement PS7/13. | The related rules and supervisory statements to implement CRD IV in the UK are set out in the Prudential Regulatory Authority (PRA)'s Policy Statement PS7/13. | ||
Revision as of 08:05, 4 April 2017
Bank supervision
CRD IV is the EU Capital Requirements Directive (CRD), 2013/36/EU, implementing Basel III in the European Union (EU).
It comprises prudential rules for financial institutions covering:
- Requirements on quality and quantity of capital;
- Rules for counterparty risk;
- A base for liquidity and leverage requirements; and
- Macroprudential standards.
The related rules and supervisory statements to implement CRD IV in the UK are set out in the Prudential Regulatory Authority (PRA)'s Policy Statement PS7/13.
The PRA's statement refers to the CRD and the related Capital Requirements Regulation (575/2013) as jointly comprising 'CRD IV'.
See also
- AT1
- Bank supervision
- Basel II
- Basel III
- Capital adequacy
- Capital Adequacy Directive
- Capital Requirements Directive
- Capital Requirements Regulation
- CET1
- Counterparty risk
- CRD V
- Directive
- Fully loaded CRD IV
- Leverage
- Liquidity
- Macroprudential
- Prudential Regulation Authority
- T2
Other links
Regulation and the cost of capital, The Treasurer, February 2014
