Capital Requirements Regulation / Capital Requirements Directive (CRR/CRD IV)

What is Capital Requirements Regulation / Capital Requirements Directive (CRR/CRD IV)?

Capital Requirements Regulation / Capital Requirements Directive (CRR/CRD IV) definition and meaning on Finance terms:
Capital Requirements Regulation and Directive: Regulation (EU) No 575/2013 on prudential requirements for credit institutions and investment firms (CRR) and Directive 2013/36/EU on access to the activity of credit institutions and the prudential supervision of credit institutions and investment firms (CRD IV). The CRR/CRD IV package transposes the global standards on bank capital (the Basel III agreement) into EU law. <

 

reference: https://www.ecb.europa.eu/home/glossary/html/index.en.html

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