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CRD6: New EU rules for bank senior managers and governance

7 May 2024

The new EU Capital Requirements Directive (CRD6) will introduce a revised framework for assessing the suitability of directors and other senior managers of EU banks, including new requirements for key function holders and a new supervisory process for the prior assessment of the suitability of some appointments. It will also make other changes to the EU rules on bank governance.

The text of CRD6 has now been adopted by a resolution of the European Parliament and the new rules for bank senior managers and governance are expected to take effect by end-2025.

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