Capital Requirements Regulation

From The Jolly Contrarian
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Regulatory Capital Anatomy™
The JC’s untutored thoughts on how bank capital works.
CRR Art 486.JPG
Article 486 just runs out of steam.

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See also Capital Requirements Directive

The Capital Requirements Regulation 575/2013 (EUR Lex)) on prudential requirements for credit institutions and investment firms (“CRR”) may be found on the World Wide Internet at this location.

The overarching goal of CRR is to strengthen the resilience of the EU banking sector so it would be better placed to absorb economic shocks while ensuring that banks continue to finance economic activity and growth.

Length, and the tale of the exasperated Eurocrat who is happier now

There are 486 Articles. Or possibly more: Article 486 cuts off in mid-sentence, as if the poor Eurocrat scribe who was charged writing it down suddenly died of a broken heart, lost the will to live, walked out in a fit of pique, or possibly just went for Moules Frites at lunch one day, and thought the better of ever coming back.

They say he’s happier now. He lives on a small island near Cyprus, has a little wooden boat, painted blue, and each day he fishes on a painted ocean under the azure skies for what he needs, and no more.

See also