EU Commission set to flip stance on key operational risk issues


BRUSSELS, BELGIUM -- News of proposed changes to the European Commission's Capital Adequacy Directive (Cad) are beginning to leak out. The next draft of the document is due out in June, according to officials, and changes will reflect "the specificities of the EU context," said Jean-Claude Thébault, head of the financial institutions directorate at the European Commission. "We must be ready to provide for appropriate differentiation from the Basel framework in the limited circumstances where

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here