Developments in the areas of international accounting and auditing standards as well as supervisory guidance are closely watched. In developing their standards or guidance, the respective organizations follow a due process that generally foresees a public consultation. When an issue dealt with in such an exposure draft is of particular relevance to banking supervisors, we provide our views, developed through a joint process, in the form of a comment letter sent to the organization in question. Given the wider interest of these comment letters and to ensure adequate transparency of our work, these documents are published on our website.
Our responses to EU Commission's public consultations are also published under this page.