CRD VI Consequences For M&A Transactions

CRD VI (Directive (EU) 2024/1619) introduces a new harmonized regime requiring banks to notify competent authorities of, and in some cases receive prior approval for, M&A transactions generally. This expands on the current regime which relates solely to qualifying holdings in credit institutions, although some EU Member States had previously already implemented similar rules on a national level. CRD VI should have been transposed by Member States by January 10, 2026 and the M&A provisions should... By: A&O Shearman