Minister Chambers announces publication of a public consultation on the implementation of the Capital Requirements Directive VI
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From: Department of Finance
- Published on: 16 January 2025
- Last updated on: 12 April 2025
The Minister for Finance Jack Chambers has today (Thursday), announced the publication of a public consultation on the implementation of the Capital Requirements Directive VI.
The Capital Requirements Directive VI, together with the Capital Requirements Regulation III, finalises the implementation of the Basel Banking Standards in the European Union. (The Capital Requirements Regulation III had an implementation deadline of 1 January 2025, a public consultation on the Member State discretions contained in the Regulation was held in 2024.
The purpose of this consultation process is to seek the views of the public on the discretions contained in the Capital Requirements Directive VI so as to inform the Minister’s decisions in the context of transposing the Directive. The Capital Requirements Directive VI has a transposition deadline of 10 January 2026.
Public consultation on the implementation of the Capital Requirements Directive VI