The Committee of European Banking Supervisors (CEBS) publishes its guidelines for supervisory authorities on increased transparency and public disclosure. The CEBS guidelines are required by the Capital Requirements Directive, the now passed EU Legislation for a new capital adequacy framework for credit institutions and investment firms.
The Committee of European Banking Supervisors (CEBS) today publishes its methodology for the assessment of the equivalence of third countries’ confidentiality provisions to the CRD.
The Committee of European Banking Supervisors (CEBS) today publishes its revised consultation paper (CP35rev) on its draft guidelines on the management of operational risk in market-related activities. The consultation is open to all interested parties, including supervised institutions and other market participants.
The Committee of European Banking Supervisors (CEBS) has published today its draft consultation paper on the Guidebook on Internal Governance (CP 44) aiming at enhancing and consolidating supervisory expectations in order to improve the sound implementation of internal governance arrangements. The consultation is open to all interested parties, including supervised institutions and other market participants.
The Committee of European Banking Supervisors (CEBS) has today published its revised Guidelines on the recognition of External Credit Assessment Institutions (ECAIs), which were first released on 20 January 2006.
CEBS has today published its Guidelines on Remuneration Policies and Practices (CP42)
CEBS has today published its Guidelines on Remuneration Policies and Practices (CP42)
CEBS has today published its final guidelines on the application of Article 122a of the CRD
CEBS adapts the timeline for the revision of the Guidelines on Financial Reporting
CEBS is today publishing an interim report on liquidity buffers and “survival” periods in response to a request from the Economic and Financial Committee and as part of the follow-up to its 30 Recommendations on liquidity
The Committee of European Banking Supervisors (CEBS) has published today the findings of an assessment of banks’ transparency with regard to the activities and instruments affected by the recent market turmoil. This assessment has been carried out in accordance with the roadmap of the ECOFIN issued in October 2007 in response to the financial markets situation. CEBS analysed the disclosures made by 22 large banks – 19 of which originate from the EU - in the context of their 2007 4th quarter and preliminary results and 2007 audited annual reports. The findings allowed to identify examples of disclosures which CEBS believes represent good practice and considers to be particularly informative.To discuss the findings of the report and the good observed practices with industry representatives and other interested parties CEBS will organise an open workshop in its premises in London on 3 July 2008 from 14:00 to 16:30.
The Committee of European Banking Supervisors (CEBS) has published today its findings on issues relating to the valuation of complex and illiquid financial instruments. The report puts forward a set of issues that should be addressed by institutions and accounting and auditing standard setters in order to improve the reliability of the values ascribed to these instruments.CEBS has prepared this in response to a request set out in the October 2007 roadmap of the ECOFIN on the financial market situation. CEBS recommends that institutions and standard setters address the issues included in the report. It is intended to re-assess developments in this area and to liaise on any follow-up measures with other fora, notably CESR and CEIOPS.
The Committee of European Banking Supervisors today publishes its analysis of the supervisory implications of the national plans for the stabilization of markets that have been announced by the European Members States until the end of December 2008.
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.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).
CEBS is today publishing a paper on the range of practices with respect to various implementation issues relating to the Capital Requirements Directive (Basel II implementation issues) which have specific cross-border relevance.
CEBS today publishes a paper presenting the outcome of an in-depth analysis of delegation of supervisory tasks based on practical experience.
Following the publication in January 2006 of the "Guidelines for Cooperation between Consolidating Supervisor and Host Supervisors", CEBS has been working to improve home-host cooperation and to enhance the functioning of the Colleges of supervisors.
The Committee of European Banking Supervisors (CEBS), the Committee of European Securities Regulators (CESR) and the Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS) have today published a joint statement, with their input regarding the latest developments in accounting.
The Committee of European Banking Supervisors (CEBS) today publishes its 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’.
The Committee of European Banking Supervisors (CEBS) has published a paper on the "Range of practices on supervisory colleges and home-host cooperation", as well as a template for a "Multilateral Cooperation and Coordination Agreement" ("Template for written agreements"). CEBS believes that these documents will enhance the efficiency and effectiveness of the European supervisory regime under the CRD. In particular, the operational focus of the Template for written agreements is expected to narrow the gap between the high level principles issued by CEBS on supervisory cooperation and day-to-day supervisory practices.