Ireland's Department of Finance has published a public consultation on the implementation of Capital Requirements Directive VI (CRD VI), seeking views on the national discretions available under the directive to inform the Minister for Finance’s transposition decisions. The department positioned CRD VI, together with Capital Requirements Regulation III (CRR III), as completing the European Union’s implementation of the Basel Banking Standards. It noted that CRR III had an implementation deadline of 1 January 2025 and that a 2024 consultation was held on the Member State discretions contained in the regulation. CRD VI has a transposition deadline of 10 January 2026.
Department of Finance (Ireland) 2025-01-16
Ireland's Department of Finance launches public consultation on transposing Capital Requirements Directive VI
Ireland's Department of Finance has launched a public consultation on implementing the Capital Requirements Directive VI (CRD VI), focusing on national discretions to guide transposition decisions. CRD VI, alongside Capital Requirements Regulation III (CRR III), finalizes the EU's adoption of Basel Banking Standards. CRR III's implementation deadline was 1 January 2025, while CRD VI's transposition deadline is 10 January 2026.