New bancking packge | CRD VI and CRR III

New regulatory framework:
Third‑country banks must now have a physical presence in a Member State in order to start or continue providing banking services.

The Directive aims to give the competent authorities the supervisory powers they need to monitor all operations that may have a significant impact on the institutions they supervise.

Institutions are required to have sound governance systems and internal processes for managing environmental, social and governance risks.

The Directive requires Member States to take the necessary measures to ensure that competent authorities exercise
their supervisory powers in a transparent, independent and objective manner.

CRD VI must be incorporated into national law by 10 January 2026. CRR III will apply from 1 January 2025.