Historic practice note on the Banking Consolidation Directive (2000/12/EC)

This note provides a high level overview of the main provisions of the Banking Consolidation Directive (BCD) (2000/12/EC) which came into force on 15 June 2000.

The BCD was recast and substantially amended in June 2006 (2006/48/EC) and makes up one part of the Capital Requirements Directive (CRD) which came into force on 1 January 2007. The CRD has been substially amended since 2007. This practice note relates to the original BCD only.

For further information on the CRD, see Practice note, UK implementation of the Capital Requirements Directive. For more information on subsequent reforms to the CRD, see Practice note, CRD reform: overview.

PLC Financial Services

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