On 24 June 2022, the Dutch Central Bank (De Nederlandsche Bank, DNB) published the Amendment Regulation specific provisions CRD and CRR 2019 (Wijzigingsregeling Regeling specifieke bepalingen CRD en CRR 2019, the Amendment Regulation) for public consultation.

The Fourth Capital Requirements Directive (CRD4) and the Capital Requirements Regulation (CRR) have recently been amended. These amendments, also referred to as the ‘Banking Package’ consisting of CRD5 (Directive (EU) 2019/878) and CRR2 (Regulation 2019/876), introduce new options and discretions for DNB and amend existing options and discretions. Among other things, the Amendment Regulation includes changes to the scope of the current regulation, as most investment firms are no longer in scope of the CRR as a result of the Investment Firm Regulation (Regulation (EU) 2019/2033, IFR). Only investment firms that are subject to the CRR will be affected by the Amendment Regulation. Furthermore, the Amendment Regulation provides that DNB may decide to reciprocate macro prudential measures taken by other Member States and it implements certain discretions for DNB on the calculations on the net stable funding ratio.

The consultation and the Amendment Regulation are available here (Dutch only). The consultation period ends on 1 August 2022.