Welcome to the CEBS website

The Committee of European Banking Supervisors (CEBS) gives advice to the European Commission on policy and regulatory issues related to banking supervision. It also promotes cooperation and convergence of supervisory practice across the European Union, especially through the development of guidelines and recommendations, addressed both to credit institutions and national supervisors. In addition, CEBS contributes to the consistent implementation of these guidelines and recommendations through trainings etc and promotes a common application of Community legislation through peer reviews and other tools. Since 2009, CEBS has been tasked to provide regular bank sector analysis and perform assessments on risks, vulnerabilities, etc on the banking sector and reports its outcomes periodically to the EU political institutions.

In its early years, CEBS focused on the implementation of the Capital Requirements Directive (CRD) which is based upon Basel II. Since 2008, all banks in the EU need to apply this new directive in full. Since the second half of 2007, many resources have been focused on activities related to the regulatory and supervisory consequences of the crisis and on deliverables connected to further changes of the supervisory framework.

More recently CEBS has been involved in the expected changes in the institutional arrangements that anticipate a changeover from CEBS to the future European Banking Authority (EBA) by the end of 2010.