EBIC: The transposition of the Basel III framework into the European Union through the review of the Capital Requirements Directive (CRD IV)

14 October 2011

EBIC calls on ECON members to pay due attention to the developments taking place in other jurisdictions in relation to Basel III.

EBIC would, therefore, like to draw attention to some selected issues:

• liquidity
• own funds and transitional periods
• lending to small and medium-sized enterprises (SMEs)
• leverage ratio
• large exposures
• loss given default
• the role of the European Banking Authority (EBA).

In conclusion, EBIC remains confident that the members of the ECON Committee in the European Parliament will take note of these important concerns in the upcoming legislative process surrounding CRD IV, and is also aware of the magnitude of this task. EBIC stands ready to offer its support through the provision of data and the further development of cooperation and constructive dialogue. This will ensure that the transposition of this global banking framework within Europe is carried out in a manner which is beneficial to all.

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