FIN.

European Commission publishes proposals regarding capital requirements for investment firms

The European Commission is proposing an overhaul of the prudential requirements for investment firms by bringing in a two track system. The largest, more systemically important firms will be subject to the same rules and requirements as banks; the other firms will be relieved from these more onerous requirements.

The changes will be introduced by amendments to CRD IV/ CRR and MiFID II/ MiFIR.

Emma Radmore