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Clifford Chance

Clifford Chance
Briefings

Briefings

CRD6: New EU rules for bank senior managers and governance

21 June 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.

CRD6 has now been published in the Official Journal and Member States will be required to apply the new rules for bank senior managers and governance from January 2026.

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