Examples of CRD Directive in a sentence
In contrast to the CRR Regulation which is directly applicable, the CRD Directive must be implemented within the national law.
The CRD Directive, in particular the provisions on regulatory capital buffers, has been implemented into national law by adopting the Macroprudential Act and amending the Banking Act.
On 27 June2019, an amendment of CRR was published (Regulation (EU) No.2019/876) with some of its provisions already valid, as well as an amendment of CRD (Directive (EU) 2019/878 –CRD V).
Annex to this consultation paper provides a comparison between requirements on remuneration contained in amended CRD Directive with provisions on remuneration as proposed for AIFM Directive.
In accordance with article 27 of the CRD Directive and article 4(1)(26) of the MiFID Directive, any number of places of business set up in the same Member State by a credit institution or investment firm with headquarters in another Member State shall be regarded as a single branch.