CRD timing in doubt
BRUSSELS – The timing of the EU’s Capital Requirements Directive (CRD) remained in doubt as members of the Committee of Economic and Monetary Affairs in the European Parliament submitted a whopping 887 amendments at the May 23 meeting.
The amendments include a large number proposed by rapporteur and Member of the European Parliament Alexander Radwan, as well as several proposed by UK Conservative party MEPs John Purvis and Jonathan Evans. Amendments from MEPs hailing from Germany, Spain and other nations are also included.
Many of the amendments focus on the finer detail of the credit risk side of the directive, and a good number are corrections of typographical errors contained in the original proposal drafted by the European
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