Leaseurope, the European trade body for the leasing and automotive rental industry, has successfully advocated for prudential provisions for leasing in the newly approved Capital Requirements Regulation (CRR III).
This is the first time that European prudential law includes specific leasing clauses.
The CRR III, part of the banking package that also includes the Capital Requirements Directive (CRD VI), was approved in Q4 2023 by the European co-legislators.
The legislation is currently undergoing final administrative steps and is expected to be published in the EU Official Journal soon, coming into effect on the 20th-day post-publication and…
