Capital Adequacy Directive
TEEC | |
| Journal reference | OJ L 141, 11 June 1993, p. 1–26 |
|---|---|
| History | |
| Date made | 15 March 1993 |
| Implementation date | 1 July 1995 |
| Applies from | 31 December 1995 |
| Other legislation | |
| Amended by | Directive 98/33/EC, Directive 2002/87/EC, Directive 2004/39/EC and Directive 2005/1/EC |
| Replaced by | Directive 2006/49/EC |
| Repealed | |
 | This article needs additional citations for verification. (April 2021) ) |
The Capital Adequacy Directive was a European directive that aimed to establish uniform
History
The original 93/6/EEC (CAD1) directive was amended by 98/31/EEC (CAD2), to incorporate banks' own estimate of capital using value-at-risk techniques. Annex 1 models were virtually unchanged by CAD2, so there has been no change in the CAD1 regime.
A third revision of the directive 2006/49/EC was issued on 14 June 2006 and would use the new name of
In 2009, 2010, and 2013, three further revisions were issued known as CRD II, CRD III, and CRD IV. The legislation on this matter current as of 2016[update] is known as the CRD IV package (
References
- ^ "Capital Requirements Directive: legislation in force". European Commission. Archived from the original on 27 June 2013. Retrieved 3 June 2013.
External links
For further information see the European Commission web site: Free movement of services / Financial Services / Banking / Regulatory Capital