CEBS reviews the functioning of supervisory colleges

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 commented on the IAASB's proposed ISA 315 and 610

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.

CEBS publishes for consultation its draft guidelines on liquidity buffers

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.

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