As the legislative process for CRD6 / CRR3 comes to a close, attention is turning to what firms need to do to comply with the incoming rule changes. The revised legislation will include tighter restrictions on banks providing cross-border services into the EU. For non-EU banks this may trigger structural reforms to ensure that they can continue to service clients in Europe.
Subscribers to the Linklaters knowledge portal can access our latest briefing note on the restriction on cross-border services under CRD6. The note sets out four options that firms should consider and looks ahead to the timeline for compliance.