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Capital Requirements Directives

Capital Requirements Directives

The Capital Requirements Directives for the financial services industry have introduced a supervisory framework in the European Union which reflects the Basel II and Basel III rules on capital measurement and capital standards. Wikipedia
Applies from: 31 December 2013
Date made: 26 June 2013
Implementation date: 18 July 2013
Made under: Article 53(1) of the TFEU

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Proposed capital regulations will make it harder to secure a loan or buy a home.