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  New EU rules on capital requirements in the banking sector

This directive (2006/49/EC) was approved on 14 June 2006 and was published in the Official Journal on 30 June 2006.

For a link to the final text see:
http://eur-lex.europa.eu/LexUriServ/site/en/oj/2006/l_177/l_17720060630en02010255.pdf

The first stage of the Capital Adequacy Directive implementation should be from 1 January 2007

The Treasury in the UK held a public consultation from 28 February until 23 May 2006:
http://www.hm-treasury.gov.uk/consultations_and_legislation/capital_requirements_directive/ consult_capitalrequirements_index.cfm

 

[ see also: Company Audits ]

Last updated 6 July 2006

 
       
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