Introduction
Directive (EU) 2024/1619 (CRD6), which amends the Capital Requirements Directive (CRD) as regards supervisory powers, sanctions, third-country branches, and environmental, social and governance (ESG) risks, is set to profoundly change the banking sector of the European Union (EU). CRD6 was adopted as part of the Banking Package, together with Regulation (EU) 2024/1623, which amends the Capital Requirements Regulation (CRR3).
EU Member States are required to transpose CRD6 by 10 January 2026. Its measures apply from 11 January 2026, except for the new regime governing branches of third country credit institutions (see below), which applies from January 2027.
This briefing recaps the key changes introduced by CRD6, gives an overview of its transposition in key Member States and discusses the state of play of the delegated rules and guidelines adopted under the framework.
Overview of CRD6
The key changes introduced by CRD6 relate to third-country branches, the governance of credit institutions...
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