The Council adopted the fourth Capital Requirements Directive and Regulation (collectively known as CRD4) package on 20 June on a qualified majority vote, with the UK objecting to certain provisions. The CRD4 package has now been published in the Official Journal of the EU (OJEU) and it will take effect from 1 January 2014, although there are certain delayed implementation periods, transitional provisions and national discretions within the package. (Source: Council Adopts CRD4, CRD4 (Directive - CRD) Text as published in OJEU and CRD4 (Regulation - CRR) Text as published in OJEU)