^{In April’s briefing call, Michael Lever, Head of Prudential Regulation, AFME and Jacqueline Mills, Director for Prudential Regulation at AFME, discuss the European Commission’s latest proposals to update the Capital Requirements Directive and Regulation (CRD5/CRR2). These proposals form part of the Commission’s Risk Reduction Measures package and cover the European implementation of several international standards from the Basel Committee on Banking Supervision as well as the introduction of EU-specific measures.}