The Commission has published the draft text for amendments to the CRD on through-the-cycle expected loss provisioning. It follows the London Summit agreement to strengthen accounting regulation of loan loss provisions and suggests various additions and amendments to various parts of the CRD. The draft also deals with changes to incremental capital requirements for residential mortgages denominated in a foreign currency, and removal of national options and discretions. Finally, there are changes to simplify the Bank Branch Accounts Directive. The Commission wants comments by 4 September.