CRD stands for Capital Requirements Directive. It is an EU directive regulating the capital adequacy of banks and financial institutions. CRD, which is based on
Basel II, replaced the existing rules in 2007. There will be a transition period until 2010.
Many analysts have called the introduction of the CRD one of the most important changes in the banking industry in recent years - more significant than the introduction of IFRS. The CRD is important since it affects two of the most essential drivers of value creation: Capital and Risk management.
Get an
overview of some of the CRD-related reports published by different stock brokers.