Following the adoption by the European Parliament of the legislative package known as CRD IV, the Prudential Regulatory Authority (PRA) in the UK has published a new webpage in relation to a statement on the CRD IV implementation timetable.

If translation of the legislation can be completed in time for the legislation to be published in the Official Journal before 1 July 2013, implementation of CRD IV will be from 1 January 2014.