Capital Adequacy Directive

Directive 93/6/EEC
European Union directive
Titleon the capital adequacy of investments firms and credit institutions
Made byCouncil of the European Communities
Made underfirst and third sentences of Article 57 (2) of TEEC
Journal referenceOJ L 141, 11 June 1993, p. 1–26
History
Date made15 March 1993
Implementation date1 July 1995
Applies from31 December 1995
Other legislation
Amended byDirective 98/33/EC, Directive 2002/87/EC, Directive 2004/39/EC and Directive 2005/1/EC
Replaced byDirective 2006/49/EC
Repealed

The Capital Adequacy Directive was a European directive that aimed to establish uniform capital requirements for both banking firms and non-bank securities firms, first issued in 1993 and revised in 1998. These was superseded by the Capital Requirements Directives starting in 2006.