Author (Corporate) | European Commission: DG Financial Stability Financial Services and Capital Markets Union |
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Series Details | COM (2021) 663 |
Publication Date | 27/10/2021 |
Content Type | Policy-making |
Summary: Legislative initiative tabled by the European Commission on 27 October 2021, introducing amendments to Directive 2013/36/EU and Directive 2014/59/EU. This is a text with EEA relevance. Further information: Directive 2013/36/EU - also known as theĀ Capital Requirements Directive (CRD IV) - governs access to deposit taking by banks and investment firms. Directive 2014/59/EU establishes common rules in the European Union (EU) for the recovery and restructuring of failing banks. This initiative has two general objectives: contributing to financial stability and contributing to the steady financing of the economy in the context of the post-pandemic economic recovery. These aims can be broken down in four more specific objectives:
The proposal was put forward by the European Commission on 27 October 2021, as part of the so-calledĀ 2021 Banking Package. |
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Source Link | https://eur-lex.europa.eu/legal-content/EN/ALL/?uri=COM:2021:663:FIN |
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Subject Categories | Economic and Financial Affairs |
Subject Tags | Banking Union, Financial Services |
Keywords | Banks | Banking |