CRR
Capital Requirements Regulation
Definition
The directly applicable EU regulation establishing detailed prudential requirements for credit institutions and investment firms, including own funds, capital ratios, liquidity (LCR, NSFR), leverage ratio, and large exposures. CRR implements the quantitative aspects of the Basel framework in EU law.
Regulatory Context
CRR3, implementing the final Basel III reforms, introduces the output floor, revised standardised approaches, and updated market risk framework (FRTB). It applies directly across the EU without requiring transposition.