The EU’s Banking Package nears the finishing line: what happens now?

The “Banking Package” is the most important piece of bank prudential legislation proposed in the EU in the last decade. It includes revisions to the Capital Requirements Directive and Regulation (known as CRD6/CRR3) that implement the finalized Basel 3 reforms in the EU.
The legislative process began in October 2021 with a legislative proposal from the European Commission. Since then, the Council of the European Union and the European Parliament worked to develop their own internal position on the texts.
In this alert, you will read more about the EU Banking Package background, key takeaways and conclusions.