Credit Institutions Directive 2013

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Directive 2013/36/EU

European Union directive
Title	Directive 2013/36/EU of the European Parliament and of the Council of 26 June 2013 on access to the activity of credit institutions and the prudential supervision of credit institutions and investment firms, amending Directive 2002/87/EC and repealing Directives 2006/48/EC and 2006/49/EC Text with EEA relevance.
History
Date made	26 June 2013
Current legislation

The Credit Institutions Directive (CID) 2013/36/EU is an EU law that aims to ensure banks are run prudently, and do not go insolvent. The CID was introduced as part of a package rules, following the financial crisis of 2007–2008, with the Capital Requirements Regulation 2013, intended to increase the resilience of the EU banking industry.^[1]