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Today the Committee of European Banking Supervisors (CEBS) released a consultation paper on the application of the Supervisory Review Process under Pillar 2 of the new capital adequacy framework (Basel II).

Competent supervisory authorities across Europe have reached a shared view on the Fitch Ratings, Standard & Poor's Ratings Services, and Moody's Investors Service eligibility for regulatory capital purposes and on the mapping of their credit assessments.

The Committee of European Banking Supervisors (CEBS), the Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS) and the Committee of European Securities Regulators (CESR) welcome the political agreement reached by the Council on 11 May on the Directive proposal on a new structure for EU committees on financial services.

Priority should be given to the consistent implementation of forthcoming Capital Requirements Directive and to convergence of supervisory practices in its enforcement. That was the conclusion at the first meeting of CEBS Consultative Panel held in London on 7 October.

The Committee of European Banking Supervisors (CEBS) is today publishing additional technical guidance on application of the supervisory review process under the Capital Requirements Directive.

CEBS is publishing a supplementary note to its Consultation Paper on the recognition of external credit assessment institutions - ECAIs - published in June 2005.

CEBS will soon start a consultation process to achieve a common solvency ratio reporting framework for credit institutions and investment firms under the future EU capital requirements regime.

CEBS is pleased to invite you to take part in an online survey to assess its progress and impact. It will be conducted on CEBS’ behalf by Ipsos MORI, the leading market research agency. The information will be invaluable in assisting us to review and assess CEBS’ work programme and, if necessary, to adapt its strategy and priorities. We are very interested in your views and opinions and for this reason hope you can spare a few minutes to complete this survey. The deadline for completing the questionnaire is 31 January 2007.

The Committee of European Banking Supervisors (CEBS) has opened its office in the City of London. The offices were opened officially by The Right Honourable, Gordon Brown MP, the Chancellor of Exchequer.

The Committee of European Banking Supervisors (CEBS), the Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS) and the Committee of European Securities Regulators (CESR), (‘the Committees’) signed on 24 November 2005, in Brussels, a joint protocol to foster co-operation and coordination in the areas of regulation, policy, information exchange and other tasks with a common interest. The three Committees are already closely cooperating on a very regular basis.

On 20 October 2009, the European Commission launched a public consultation on its Communication entitled “An EU Framework for Cross-Border Crisis Management in the Banking Sector”.

The Committee of European Banking Supervisors (CEBS) today publishes its call for evidence for custodian banks as part of its follow-up work in response to the ECOFIN’s request from 3 June 2008 for a review of ‘the coverage of risks borne by custodians (…) so as to ensure a level playing field while avoiding inconsistencies in the treatment of custodians and double regulation’.

CEBS has published today a revised Template for written agreements between supervisors for the functioning of colleges. This revised Template supersedes the document that was published in December 2007. It provides a framework for cooperation among supervisors within a college of supervisors and facilitating the effective working of supervisory colleges of supervisors.

The three Level 3 Committees [the Committee of European Banking Supervisors (CEBS), the Committee of European Securities Regulators (CESR) and the Committee of European Insurance and Occupational Pensions (CEIOPS)] - through the 3L3 Anti Money Laundering Task Force (AMLTF) - publish today their common understanding in relation to the information on the payer of accompanying fund transfers to payment service providers of payees, arising out of the EU Regulation 1781/2006. The paper published today follows a consultation of three months which closed on 26 June 2008.

The Committee of European Banking Supervisors (CEBS) has published today two reports setting out the outcome of efforts made in assessing banks’ disclosures i) in their 2008 audited annual reports on activities and exposures affected by the financial crisis and ii) under Pillar 3.

CEBS today publishes its first peer review report on its members’ compliance with CEBS’s Guidelines on the validation of the Advanced Measurement (AMA) and Internal Ratings Based (IRB) approaches used by banks to calculate capital requirements.

The Committee of European Banking Supervisors (CEBS) today publishes a report on the materiality of custodian banks’ engagement in settlement internalisation and Central Counterparty-like activities. This forms part of its follow-up work in response to the ECOFIN’s request on 3 June 2008 for a review of ‘the coverage of risks borne by custodians (…) so as to ensure a level playing field while avoiding inconsistencies in the treatment of custodians and double regulation’.

The Committee of European Banking Supervisors (CEBS) has published today two reports setting out the outcome of efforts made in assessing banks’ disclosures i) in their 2008 audited annual reports on activities and exposures affected by the financial crisis and ii) under Pillar 3.

The Committee of European Banking Supervisors (CEBS) has published today a Position Paper on a countercyclical capital buffer. The objective of this paper is to outline possible practical tools for supervisors to assess banks’ capital buffers under Pillar 2.