THE NEW EUROPEAN REGULATIONS CRD IV/CRR – A STEP TO THE TRANSPARENT FINANCIAL SYSTEM

Abstract

In 2013 the European Commision announced in final version – proposals of international standards for banks, recommended by the Basel III. This new bank requirements includes: the Capital Requirements Regulation (the CRR) and the CRD IV Directive. Directive will be transposed into national law, during the Regulation will be directly applicable by every member state.
This article is devoted to the proceess of creating this regulations, the most important requirements included in CRD IV/CRR, which were discussed by banking sector institution on the international scene. The text contains also implementing rules and condition of polish banks to adopt this new regulations.