Press Release: Bank capital rules: Council confirms agreement with EP

The Permanent Representatives Committee today (27.3.2013) approved a compromise text on the 'CRD 4' package amending the EU's rules on capital requirements for banks and
investment firms. The proposals set out to amend and replace existing capital requirement directives by two new legislative instruments: a regulation establishing prudential requirements that institutions need to respect, and a directive governing access to deposit-taking activities.