EU Adopts Basel III Reforms: Strengthening Banking Resilience

#CRR3 published into EU Official Journal! The European Parliament and the Council’s ratification of Regulation (EU) 2024/1623 signifies a pivotal moment in bolstering the European banking sector. This landmark decision introduces critical enhancements to risk management practices, emphasizing stability and adherence to international standards. Regulation (EU) 2024/1623 applies from 1 January 2025. In parallel, EBA updates Pillar 3 disclosure framework.

Our team can support you by assessing how CRR III will impact your bank, highlighting the main areas of impact and suggest recommendations of how the bank can prepare for these changes, as well as provide technical expertise during the implementation of the new requirements.

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