Press releases

CESR, CEBS and CEIOPS announce today the publication of a joint consultation paper on draft Impact Assessment (“IA” hereafter) Guidelines to be used by the EU Level 3. The guidelines are designed to provide the Committees’ Expert Groups with a practical tool to assist them when using IA as part of their policy analysis and in the course of formulating recommendations. Comments on the proposed IA guidelines will be welcomed by the 24 August 2007 and can be submitted online via CESR's website at http://www.cesr.eu in the section 'consultation'.

The Committee of European Banking Supervisors (CEBS) today starts a public consultation on a number of central aspects of the large exposures regime as part of developing its response to the European Commission's call for advice. The consultation is open to all interested parties, including supervised institutions and other market participants. This consultation paper sets out CEBS’ initial views on some of the key concepts which form the basis of the large exposures regime. CEBS submits its initial views for public consultation which starts today and runs until 15 August 2007. Comments received will be published on CEBS website unless respondents request otherwise. Please send your comments to the following e-mail address: cp14@c-ebs.org. Moreover, a public hearing is being organised on 11 July at CEBS premises from 9:30 to 12:30 in order to allow all interested parties to highlight their comments to CEBS.

The Committee of European Banking Supervisors (CEBS) today publishes a questionnaire on options and national discretions as part of developing its response to the European Commission's Call for Advice. In the Call for Advice (No. 10) issued on 16 May 2007, the European Commission invites CEBS to conduct an in-depth technical analysis on the exercise of options and national discretions identified in its supervisory disclosure framework. CEBS invites all interested parties to answer the questionnaire published for public consultation which starts today and runs until 19 October 2007. Comments received will be published on CEBS website unless respondents request otherwise. Please send your comments to the following e-mail address: nd@c-ebs.org.

CEBS has today published its analysis on the scope of full harmonisation in the CRD.

The Committee of European Banking Supervisors (CEBS) has published today its draft guidelines on Remuneration Policies and Practices.

CEBS has today published its second peer review report on the functioning of colleges aimed at enhancing supervisory convergence by means of assessing the implementation of supervisory provisions set out in EU legislation, CEBS guidelines and other CEBS documents.

CEBS has submitted its comments on the IAASB's Proposed International Standards on Auditing ISA 315 (Revised), Identifying and Assessing the Risks of Material Misstatement through Understanding the Entity and Its Environment and ISA 610 (Revised), Using the Work of Internal Auditors.

The presentation of Mrs. Kerstin af Jochnick, Chair of the Committee of European Banking Supervisors (CEBS) on "Supervision in Response to the Financial Crisis".

CEBS has today published a call for expression of interest regarding the setting up of the EBA's Banking Stakeholder Group.

CEBS has today submitted its comments on the IASB's Exposure Draft ED/2010/8 Insurance Contracts.

The presentation of Mr. Arnoud Vossen, Secretary General of the Committee of European Banking Supervisors (CEBS) on "Future Shape of Regulation".

The Committee of European Banking Supervisors (CEBS) today publishes its consultation paper (CP28) on liquidity buffers. This paper sets out draft guidelines on the appropriate size and composition of liquidity buffers with a view to enhance banks’ resilience to liquidity shocks. Bespoke buffers should be in place to enable credit institutions to withstand a liquidity stress for a period of at least one month without changing their business models.

The Committee of European Banking Supervisors (CEBS) has today published a Consultation Paper on the Guidelines regarding AMA changes with the aim of assisting institutions using the Advanced Measurement Approach (AMA) to further develop their AMA models.

The Committee of European Banking Supervisors (CEBS) is pleased to announce that Mr. Giovanni Carosio has been appointed as its new Chairman.

CEBS has today published its feedback on the responses received during the public consultation on the revised guidelines on common reporting (COREP)