The Committee of European Banking Supervisors (CEBS) today publishes a summary of the results of its stock-take of banks’ and supervisors’ reactions to the rogue trading loss at Société Générale in January 2008.<br />CEBS has conducted a stock-take with the EEA banking supervisory authorities of how this event affected other banks, their operational risk practices, governance and internal control environment, and the internal models used for calculating capital requirements for operational risk (Advanced Measurement Approaches, AMA).