The Capital Requirements Directives (CRD) for the financial services industry have introduced a supervisory framework in the European Union which reflects the Basel II and Basel III rules on capital measurement and capital standards. Member States have progressively transposed, and firms of the financial service industry have applied the CRD from 1 January 2007.
The capital framework consists of three Pillars:
ALERT: In these times and always, beware of attempts to impersonate or clone legitimate Mercer companies (such as fake websites, scam email and phone calls). If you are contacted by anyone purporting to represent Mercer, who is not your usual Mercer contact, as always, be vigilant. Consider confirming their status via our switchboard (+44 20 7626 6000), or check https://www.fca.org.uk/scamsmart.