On 27 June 2023, the European Parliament and Council agreed on the EU banking package and thus completed the final implementation of the Basel III requirements in the EU. We have already reported on the essential changes in the course of the announcement (see TSI kompakt of 28 June 2023). We now have detailed information
EU banking package
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Parliament and Council agree on EU banking package EU banking package
On 27 June, the EU Parliament and the Council, mediated by the European Commission, reached an agreement on the EU banking package in the so-called trilogue (see press release of the European Commission). The EU banking package represents the final implementation of Basel III (also called “Basel IV”) in the EU. Therefore, the EU is