Law stated as at 07 Jan 2008 • European Union, United Kingdom
The Capital Requirements Directive (2006/48/EC and 2006/49/EC) (CRD) came into force on 1 January 2007. This practice note looks at how the FSA and HM Treasury have implemented the CRD in the UK.
This document sets out the position as at 7 January 2008. For information on subsequent reforms to the CRD and their UK implementation, see Practice note, CRD reform: overview.