Skip to main content

Clifford Chance

Clifford Chance
All
Briefings

Briefings

In this section

CRD6: New EU rules for EU branches of non-EU banks

21 June 2024

The new EU Capital Requirements Directive (CRD6) will require Member States to apply minimum authorisation, reporting and supervisory requirements to local branches of non-EU banks (third-country branches or TCBs). It will also oblige Member States to give their supervisors powers to require the restructuring or subsidiarisation of systemically important TCBs.

CRD6 has now been published in the Official Journal and Member States will be required to apply the new reporting rules for TCBs from January 2026 and the other new rules for TCBs from January 2027.

Download PDF
  • Share on Twitter
  • Share on LinkedIn
  • Share via email
Back to top

Toolkits & Client Log-in