Press Release: Commission adopts nine Regulatory Technical Standards to implement the single rule book in banking

On the 13 March 2014, the European Commission adopted a package of Regulatory Technical Standards (RTS) needed to implement important provisions of the Capital Requirements Regulation and Directive (CRR/CRD).

The nine RTS define the ways in which competent authorities and market participants must, inter alia, handle disclosures linked to securitisation instruments, measure potential losses from derivative positions and counterparty failure, as well as specifying the types of instruments that can be used for paying bonuses.

ESO: Background information: Commission adopts new standards to increase transparency over bankers' pay and risk profiles http://www.europeansources.info/record/press-release-commission-adopts-new-standards-to-increase-transparency-over-bankers-pay-and-risk-profiles/

European Commission: RAPID: MEMO/14/181: Regulatory Technical Standards to implement the single banking rule book (capital requirements - CRD IV package) - Frequently asked questions http://europa.eu/rapid/press-release_MEMO-14-181_en.pdf

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