Clifford Chance

CRD6: New EU rules for bank M&A and reorganisations

2 May 2024

The new EU Capital Requirements Directive (CRD6) will impose additional requirements on EU banks and their holding companies to pre-notify and, in some cases, pre-clear certain M&A transactions and reorganisations with their own supervisor. These new rules will apply to acquisitions and disposals of material holdings in both financial and non-financial sector entities, material transfers of assets or liabilities, and mergers and divisions.

The text of CRD6 has now been adopted by a resolution of the European Parliament and the new rules on bank M&A and reorganisations are expected to take effect by end-2025.

Download PDF