BAFT joined with numerous trade associations, including the Bank Policy Institute, UK Finance, the Loan Market Association, the Swiss Finance Council, and others, to urge European Union Member States to implement the branch requirements under CRD VI (Capital Requirements Directive) in a uniform and harmonized manner. This effort is part of BAFT’s overall advocacy on Basel III capital standards as they are implemented at the national level. CRD VI was, in part, the EU’s adoption of the final pieces of the Basel III Framework.
