On 25 February 2021 Sejm adopted an amendment of the Banking Law. The purpose of the amendment is to make necessary changes to the domestic legal system in connection with the entry into force of the European Union regulations on capital requirements for financial institutions, the so-called CRD V/CRR II.
The changes are aimed at supplementing the reform program with solutions developed by the entities responsible for setting global standards, i.e. the Basel Committee on Banking Supervision and the Financial Stability Board.
The changes pertain among others to regulations concerning the net stable funding ratio (NSFR), total loss absorbing capacity (TLAC) requirements and the binding leverage ratio.