CRD III | Practical Law
This note provides an overview of the CRD III Directive (2010/76/EU) (also referred to as CRD 3 or CRD3), a directive forming part of a sequence of major amendments of the Capital Requirements Directive (2006/48/EC and 2006/49/EC) (CRD) initiated by the European Commission. CRD III made significant changes to the remuneration structures and capital requirements of credit institutions and investment firms.