Reading version of the Banking Directive Implementation and Bureaucracy Relief Act (CRD VI Implementation Act)

The BRUBEG transposes the provisions of Directive (EU) 2024/1619 (Capital Requirements Directive VI, CRD VI) into national law.

We are providing you with a reading version that outlines the changes to the German Banking Act (Kreditwesengesetz)—which are likely to be particularly relevant in practice—as presented in the draft bill of the BRUBEG. A reading version of the other changes brought about by the BRUBEG will be made available shortly.