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18 February 2014

Main results of the ECOFIN Council: Own funds / Hedge funds


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The Council decided not to object to the adoption by the Commission of: 1) a regulation on RTS for own funds requirements for banking institutions; and 2) a regulation on RTS determining types of AIFMs.


Own funds requirements for banks

The Council decided not to object to the adoption by the Commission of a regulation on supplementing regulation 575/2013 on regulatory technical standards for own funds requirements for banking institutions (5799/14).

The regulation is a delegated act based on article 290 of the Treaty on the Functioning of the European Union. It can enter into force now that the Council has given its consent, unless the European Parliament objects.

Hedge funds

The Council decided not to object to the adoption by the Commission of a regulation supplementing Directive 2011/61/EU on regulatory technical standards determining types of alternative investment fund managers (6053/14).

The regulation is a delegated act based on article 290 of the Treaty on the Functioning of the European Union. It can enter into force now that the Council has given its consent, unless the European Parliament objects.

Main results



© European Council


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