On November 23, the European Commission published a set of proposals on the current legislative framework of the EU Banking Union. The proposals constitute the most substantial amendments to the existing provisions ever since the establishment of the post-crisis framework and will make important changes to the texts of various regulations and directives (Capital Requirements Regulation (CRR), Capital Requirements Directive IV(CRDIV), Bank Recovery and Resolution Directive, Single Resolution Mechanism Regulation (SRMR)).Download
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