Ten years after the outbreak of the financial crisis, the EU is revising its regulatory framework for banks. Some European banks are still too large and too complex, but above all they do not hold enough hard equity. On the other hand, smaller institutions in particular suffer from excessive administrative burden due to regulatory provisions. In November 2016, the Commission presented its comprehensive legislative package to complete the reforms. The proposals primarily include the remaining elements of the rules on the supervision and resolution of institutions as agreed in the Basel Committee on Banking Supervision (BCBS) and the Financial Stability Council (FSB). The Commission’s proposals aim to increase the resilience of EU banks and better adapt the rules to the relevance of each institution.
Recently, the draft reports of the rapporteurs for the European Parliament have been published. As one of three shadow rapporteurs for the Greens, I look forward to your proposals on how we can make the Banking Union even more effective. I am particularly keen to see how we can relieve the excessive bureaucracy of small and non-complex institutions without compromising financial stability. Green guiding principle remains simple but tough rules. That is why, based on proposals from experts, numerous individual institutions and banking associations, my office has compiled ideas for more proportionality in banking regulation, which I would like you to comment on.
Green proposals for more proportionality in banking regulation:
We would be pleased to find out where you see a need for change and additions. We therefore invite you to send us concrete comments by Friday, 12 January 2018.
Please send your comments to: email@example.com
Proposals for the reform of European banking rules
Commission proposal to amend Directive 2013/36/EU (CRD IV):
Draft Report of the Rapporteur in the European Parliament Peter Simon (S&D) on CRD V:
Commission proposal to amend Regulation (EU) Nr. 575/2013 (CRR):
Draft Report of the Rapporteur in the European Parliament Peter Simon (S&D) on CRR 2:
Commission proposal to amend Directive 2014/59/EU (BRRD)
Draft Report of the Rapporteur in the European Parliament Gunnar Hökmark (EPP) on BRRD 2:
Commission proposal to amend Regulation (EU) Nr. 806/2014 (SRMR):
Draft Report of the Rapporteur in the European Parliament Gunnar Hökmark (EPP) on SRMR 2: