Oireachtas Joint and Select Committees

Thursday, 9 March 2017

Joint Oireachtas Committee on Finance, Public Expenditure and Reform, and Taoiseach

Scrutiny of EU Legislative Proposals

9:45 am

Photo of Paddy BurkePaddy Burke (Fine Gael) | Oireachtas source

The Department said it wanted to introduce amendments to two key areas, the capital requirement regulation, CRR, and the capital requirement directive, CRD, which were adopted in 2013 as potential requirements for institutions and rules on governance and supervision of the institutions operating in Europe. Since those were introduced in 2013, have any of the banks or financial institutions found it difficult to comply with them, even apart from the new changes that are proposed?

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