02 September 2010
CEBS today publishes its revised Guidelines on the management of concentration risk under the supervisory review process and Position paper on the recognition of diversification benefits under Pillar 2
The Committee of European Banking Supervisors (CEBS) today publishes its revised Guidelines on the management of concentration risk under the supervisory review process and Position paper on the recognition of diversification benefits under Pillar 2.
01 September 2010
CEBS appoints new Deputy Secretary General
Piers Haben has been appointed to be Deputy Secretary General of the Committee of European Banking Supervisors (CEBS).
01 September 2010
CEBS has commented on the EU Commission green paper on corporate governance in financial institutions and remuneration policies
CEBS has today submitted its
comments on the EU Commission green paper on corporate governance in financial
institutions and remuneration policies.
The list of all comment letters CEBS submitted to the European Commission can be accessed
here.
26 August 2010
CEBS today publishes its revised Guidelines on stress testing
The Committee of European Banking Supervisors (CEBS) today publishes the final text of its revised Guidelines on stress testing which takes into the account the results of the earlier public consultation which run from December 2009 to March 2010.
30 July 2010
CEBS has commented on the IFAC Monitoring Group's consultation paper dealing with IFAC Reforms
CEBS has today submitted its
comments on the IFAC Monitoring Group’s Consultation Paper dealing with the Review of the IFAC Reforms
The list of all comment letters CEBS submitted to the auditing-related issues can be accessed
here.
28 July 2010
CEBS today publishes its implementation guidelines on large exposures exemptions for money transmission, correspondent banking, clearing and settlement and custody services
The Committee of European Banking Supervisors (CEBS) today publishes its implementation guidelines on Article 106(2) (c) and (d) of Directive 2006/48/EC (Capital Requirements Directive) as amended by Directive 2009/111/EC.
23 July 2010
2010 EU-Wide Stress Testing Exercise
Further to its statements issued on 18 June, 7 July and 19 July 2010, CEBS today releases its summary report on the results of the EU-wide stress test exercise. A Q&AS paper jointly prepared by CEBS, ECB and European Commission is also published.
19 July 2010
CEBS statement on the time of publication of the results of the EU-wide stress testing exercise
Following CEBS’s statements issued on 18 June and 7 July 2010, CEBS today provides information on the date and time for the publication of the results of the EU-wide stress test exercise.
16 July 2010
CEBS has commented on the IASB's Fair Value Option for Financial Liabilities ED
CEBS has today submitted its
comments on the IASB's Exposure Draft ED/2010/4 Fair Value Option for Financial Liabilities.
The list of all comment letters CEBS submitted to the IASB can be accessed
here.
13 July 2010
CEBS has commented on the IASB's Reporting Entity ED (part of the Conceptual Framework review)
CEBS has today submitted its
comments on the IASB's Exposure Draft ED/2010/2 Conceptual Framework for Financial Reporting - The Reporting Entity.
The list of all comment letters CEBS submitted to the IASB can be accessed
here.
13 July 2010
CEBS today publishes for consultation its draft guidelines on revised Article 3 of Directive 2006/48/EC
The Committee of European Banking Supervisors (CEBS) today publishes its consultation paper (CP41) on its draft guidelines on revised Article 3 of the Directive 2006/48/EC (hereafter “Article 3”). The consultation is open to all interested parties, including supervised institutions and other market participants.
07 July 2010
CEBS statement on key features of the extended EU-wide stress test
Following its statement issued on 18 June 2010, CEBS provides further information on the EU-wide stress test exercise which is now being finalised by CEBS and the national supervisory authorities, in close cooperation with the ECB.
01 July 2010
CEBS today publishes its consultation paper on guidelines on Article 122a of the Capital Requirements Directive
The Committee of European Banking Supervisors (CEBS) today publishes its consultation paper (CP40) on guidelines to the new Article 122a of the Capital Requirements Directive (CRD).
public hearing
30 June 2010
CEBS today publishes two follow-up reports presenting the findings of its assessment of banks’ disclosures
The Committee of European Banking Supervisors (CEBS) today publishes two follow-up reports setting out the outcome of its efforts in assessing banks’ disclosures published, one, in their 2009 audited annual reports and, two, in their 2009 Pillar 3 reports.
30 June 2010
CEBS has commented on the IASB's Amortised Cost and Impairment ED
CEBS has today submitted its
comments on the IASB's Exposure Draft ED/2009/12 Financial Instruments: Amortised Cost and Impairment.
The list of all comment letters CEBS submitted to the IASB can be accessed
here.
28 June 2010
CEBS has posted the slides presented at the 28 June public hearing on Transparency
CEBS has posted the slides presented at the 28 June public hearing on Transparency.
28 June 2010
CEBS today publishes a summary of the discussions at the public hearing on CP(39)
The Committee of European Banking Supervisors (CEBS) today publishes a summary of the discussions at the public hearing on CP(39) - draft Guidelines for the joint assessment of the elements covered by the supervisory review and evaluation process and the joint decision regarding the capital adequacy of cross-border groups.
23 June 2010
CEBS has posted a discussion note for the 28 June public hearing on Transparency
CEBS has today posted a discussion note for the 28 June public hearing on Transparency.
23 June 2010
CEBS today publishes its revised consultation paper on the management of operational risk in marker-related activities
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.
18 June 2010
CEBS’s press release on state of play with the 2010 EU wide stress testing exercise
CEBS’s press release on state of play with the 2010 EU wide stress testing exercise.
17 June 2010
CEBS consults on the revised guidelines on common reporting
The Committee of European Banking Supervisors (CEBS) today starts a public consultation on its proposed amendments to the Guidelines on Common Reporting (COREP) which will run for three months and will end on 16 September 2010.
15 June 2010
CEBS today publishes its methodology for the assessment of the equivalence of third countries' confidentiality provisions
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.
15 June 2010
CEBS today publishes its guidelines for the operational functioning of colleges
The Committee of European Banking Supervisors (CEBS) today publishes its guidelines for the operational functioning of colleges.
15 June 2010
CEBS today publishes its 2009 Annual Report
The Committee of European Banking Supervisors (CEBS) today publishes its 2009 Annual Report.
14 June 2010
CEBS today publishes its guidelines on instruments referred to in Article 57(a) of the CRD
The Committee of European Banking Supervisors (CEBS) today publishes its implementation guidelines on capital instruments.
The revised Capital Requirements Directive (CRD) introduces explicit rules for the treatment of instruments eligible as capital and, in particular, requirements for their inclusion in institutions’ original own funds without limit. The amendments will need to be transposed into Member States’ national law by 31 October 2010 and will be applied from 31 December 2010.
11 June 2010
CEBS today publishes its report on national implementation of CEBS’s high-level principles for remuneration policies
The Committee of European Banking Supervisors (CEBS) today publishes its report on the national implementation of its
High-level Principles for Remuneration Policies that was published in April 2009, addressed both to regulators and regulated institutions.
03 June 2010
CEBS organises a public hearing on transparency issues
The Committee of European Banking Supervisors (CEBS) organises a public hearing in London on 28 June 2010 (from 10:30 to 12:30) to preview the findings of this year’s follow-up work assessing banks’ transparency.
public hearing
01 June 2010
CEBS today publishes a summary of the discussions at the public hearing on CP31(draft concentration risk guidelines)
CEBS today publishes a summary of the discussions at the public hearing on CP31(draft concentration risk guidelines).
26 April 2010
CEBS today publishes its Principles for disclosures in times of stress
(Lessons learnt from the financial crisis)
The Committee of European Banking Supervisors (CEBS) today publishes its Principles for disclosures in times of stress intended to guide financial institutions in the preparation of public disclosures made to conform with existing disclosure requirements or recommendations or on an ad hoc basis, incorporating the lessons learnt from the financial crisis.
07 April 2010
CEBS today publishes its draft guidelines on joint assessment and joint decision regarding the capital adequacy of cross border groups
CEBS today publishes for consultation draft Guidelines for the joint assessment of the elements covered by the supervisory review and evaluation process and the joint decision regarding the capital adequacy of cross border groups (CP39).
public hearing
30 March 2010
CEBS today publishes the summary of the discussions at its public hearing on CP32 (draft stress testing guidelines)
CEBS today publishes the summary of the discussions at its public hearing on CP32 (draft stress testing guidelines).
17 March 2010
CEBS today publishes the presentation and a summary of the discussions at its public hearing on CP34
The Committee of European Banking Supervisors (CEBS) published a summary of the discussions at the public hearing on its draft guidelines on the operational function of colleges.
16 March 2010
CEBS today publishes a summary of the discussions at the public hearing on CP35
The Committee of European Banking Supervisors (CEBS) published a summary of the discussions at the public hearing on its draft guidelines on the management of operational risk in market-related activities.
11 March 2010
CEBS today publishes its draft implementation guidelines on Article 106(2) (c) and (d) of Directive 2006/48/EC recast
The Committee of European Banking Supervisors (CEBS) today publishes its draft implementation guidelines (CP38) on Article 106(2) (c) and (d) of Directive 2006/48/EC as amended by Directive 2009/111/EC. The consultation is open to all interested parties, including supervised institutions and other market participants.
11 March 2010
CEBS today publishes its draft revised guidelines on the recognition of ECAIs
10 March 2010
CEBS today publishes its draft guidelines on liquidity cost benefit allocation
The Committee of European Banking Supervisors (CEBS) today publishes its consultation paper on draft guidelines on liquidity cost benefit allocation. The consultation is open to all interested parties, including supervised institutions and other market participants.
09 March 2010
CEBS publishes a summary of the discussions at the public hearing on CP33
The Committee of European Banking Supervisors (CEBS) published a summary of the discussions at the public hearing on its guidelines on instruments referred to in article 57(a) of the CRD (CP33).
17 February 2010
CEBS organises a public hearing on its draft Guidelines on the operational functioning of colleges
The Committee of European Banking Supervisors (CEBS) organises a public hearing on 11 March 2010 at the CEBS premises in London from 10.00 to 13.00 to discuss its draft Guidelines on the operational functioning of colleges (CP34).
public hearing
17 February 2010
New classification system between the reporting frameworks of the ECB and CEBS
The European Central Bank (ECB) and the Committee of European Banking Supervisors (CEBS) have today published a new classification system aimed at reducing over time the reporting burden placed on entities that are required to deliver data to the Eurosystem as well as to supervisory authorities.
16 February 2010
CEBS organises a public hearing on its draft Guidelines on the management of operational risk in market-related activities
The Committee of European Banking Supervisors (CEBS) organises a public hearing on 9 March 2010 at the CEBS premises in London from 10.00 to 13.00 to discuss its draft Guidelines on the management of operational risk in market-related activities (CP35).
public hearing
16 February 2010
CEBS today publishes its high level principles for risk management
The Committee of European Banking Supervisors (CEBS) today publishes its high level principles for risk management. These principles should be considered both by institutions (as part of the ICAAP) and supervisors (as part of the SREP) within the supervisory review framework under Pillar 2.
15 February 2010
CEBS organises a public hearing on its draft Guidelines on concentration risk (CP31)
The Committee of European Banking Supervisors (CEBS) organises a public hearing on 12 March 2010 at the CEBS premises in London from 10.00 to 13.00 to discuss its draft Guidelines on concentration risk (CP31).
public hearing
15 February 2010
CEBS organises a public hearing on its draft revised Guidelines on stress testing (CP32)
The Committee of European Banking Supervisors (CEBS) organises a public hearing on 10 March 2010 at the CEBS premises in London from 10.00 to 13.00 to discuss its draft revised Guidelines on stress testing (CP32).
public hearing
10 February 2010
CEBS today publishes a summary of the discussions at the public hearing on CP30
The Committee of European Banking Supervisors (CEBS) held a public hearing on 26 January 2010 to discuss comments received during the consultation period on the draft draft disclosure guidelines reflecting the lessons learnt from the financial crisis (CP 30).
The summary of the discussions has been published together with the presentation given at this event.
29 January 2010
CEBS organised an opening conference to the Eurosystem programme ‘Strengthening macro and micro-prudential supervision in EU candidates and potential candidates’
CEBS organised a two day policy-level conference as an opening event to the Eurosystem programme ‘Strengthening macro and micro-prudential supervision in EU candidate countries and potential candidate countries.
29 January 2010
CEBS responds to the consultation of the EU Commission on crisis management
On 20 January 2010, CEBS provided answer to the EU Commission’s communication on an EU Framework for Cross-Border Crisis Management in the Banking Sector. The views expressed in this contribution cover the different areas contained in the communication issued by the Commission on 20 October 2009.
28 January 2010
CEBS today publishes its revised Guidelines on Supervisory Disclosure
The Committee of European Banking Supervisors (CEBS) today publishes its revised Guidelines on Supervisory Disclosure.
26 January 2010
Mr. Giovanni Carosio speaks at the ECON hearing in Brussels
Mr. Giovanni Carosio, Chairman of the Committee of European Banking Supervisors (CEBS), speaks at the Economic and Monetary Affairs Committee of the European Parliament, in Brussels.
19 January 2010
CEBS organises a public hearing on its guidelines on instruments referred to in article 57(a) of the CRD
In December 2009, the Committee of European Banking Supervisors (CEBS) published its consultation paper (CP33) on its implementation guidelines on capital instruments. The consultation is open to all interested parties, including supervised institutions and other market participants.
public hearing
19 January 2010
CEBS organises a public hearing its draft guidelines on the management of operational risk in market-related activities
The Committee of European Banking Supervisors (CEBS) has launched a consultation 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.
public hearing
19 January 2010
CEBS organises a public hearing on its guidelines on the operational functioning of colleges
The Committee of European Banking Supervisors (CEBS) has launched a consultation on its draft guidelines for the operational functioning of colleges. The consultation is open to all interested parties, including supervised institutions and other market participants.
public hearing
06 January 2010
CEBS publishes today the revised framework on Common Reporting (COREP)
CEBS publishes today the revised framework on Common Reporting (COREP). The COREP templates have been amended to incorporate changes of the CRD (directives 2009/27/EC and 2009/83/EC) as well as CRD II amendments (directive 2009/111/EC) and will be applicable by 31 December 2010.
22 December 2009
CEBS today publishes its Guidelines on operational risk mitigation techniques
The Committee of European Banking Supervisors (CEBS) today publishes its guidelines on operational risk mitigation techniques following a three-month public consultation period and a public hearing. These guidelines, which build on the provisions of the Capital Requirements Directive (CRD) and CEBS’s Guidelines on the Implementation, Validation and Assessment of AMA and IRB Approaches (
Implementation Guidelines – GL10) provide supervisory expectations and clarification on the recognition of risk transfer instruments within the AMA.
21 December 2009
CEBS today publishes its draft guidelines on the management of operational risk in market-related activities
The Committee of European Banking Supervisors (CEBS) today publishes its consultation paper (CP35) 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.
public hearing
17 December 2009
CEBS today published its draft Guidelines for the operational functioning of colleges
The Committee of European Banking Supervisors (CEBS) today publishes its draft guidelines for the operational functioning of colleges. The consultation is open to all interested parties, including supervised institutions and other market participants.
17 December 2009
CEBS today publishes the summary of the public Roundtable “Fostering convergence of Pillar 3 disclosures”
The Committee of European Banking Supervisors (CEBS) held a public roundtable discussion on 9 December 2009 to promote convergence in the application of Pillar 3 requirements and thereby enhance comparability of related disclosures. CEBS today publishes the summary of this event along with presentations from preparers and users.
17 December 2009
CEBS today publishes for consultation its draft implementation guidelines on instruments referred to in Article 57(a) of the CRD
The Committee of European Banking Supervisors (CEBS) today publishes its consultation paper (CP33) on its implementation guidelines on capital instruments. The consultation is open to all interested parties, including supervised institutions and other market participants.
17 December 2009
CEBS organises a public hearing on draft disclosure guidelines on lessons learnt from the financial crisis (CP 30)
The Committee of European Banking Supervisors (CEBS) organises a public hearing on 26 January 2010 at the CEBS premises in London from 10.30 to 12.30 to discuss the comments received during the consultation period of its draft disclosure guidelines reflecting the lessons learnt from the financial crisis (
CP 30).
public hearing
15 December 2009
CEBS publishes revised Guidelines on Financial Reporting
CEBS publishes today its revised guidelines on financial reporting (FINREPrev2). The revision of the guidelines is part of CEBS’s effort to streamline reporting requirements for supervised institutions, consistent with the recommendations of the Financial Services Committee Report on Financial Supervision (the Franck Report) and the White Paper of the Commission on Financial Services Policy -2005-2010.
14 December 2009
CEBS draft revised Guidelines on stress testing
The Committee of European Banking Supervisors (CEBS) today publishes the draft of its revised Guidelines on stress testing for consultation. The consultation is open to all interested parties, including supervised institutions and other market participants.
11 December 2009
CEBS draft guidelines on concentration risk
The Committee of European Banking Supervisors (CEBS) today publishes its draft revised guidelines on aspects of the management of concentration risk under the supervisory review process. The consultation is open to all interested parties, including supervised institutions and other market participants.
11 December 2009
Mr. Arnoud Vossen speaks at the BBA Annual Accounting Conference
The presentation of Mr. Arnoud Vossen, Secretary General of the Committee of European Banking Supervisors (CEBS), at the 5th BBA Annual Accounting Conference, in London.
11 December 2009
CEBS today publishes its guidelines on the revised large exposures regime
The Committee of European Banking Supervisors (CEBS) today publishes its guidelines in relation to two specific aspects of the revised large exposures regime that has been included in the amended Capital Requirements Directive (CRD). The amendments will have to be transposed into Member States’ national law by 31 October 2010 and will be applied from 31 December 2010.
11 December 2009
CEBS today publishes its guidelines on common reporting of large exposures
The Committee of European Banking Supervisors (CEBS) today publishes its guidelines in relation to the common reporting of large exposures.
10 December 2009
CEBS today publishes its guidelines on hybrid capital instruments
The Committee of European Banking Supervisors (CEBS) today publishes its implementation guidelines on hybrid capital instruments.
09 December 2009
CEBS Guidelines on Liquidity Buffers
The Committee of European Banking Supervisors (CEBS) today publishes its guidelines on liquidity buffers following a four-month public consultation period and a public hearing. These guidelines, which build on
CEBS’s Recommendations on Liquidity Risk Management, elaborate upon the appropriate size and composition of liquidity buffers to enable banks to withstand a liquidity stress for a period of at least one month without changing their business models.
03 December 2009
CEBS has posted the agenda for its Public Roundtable on Pillar 3 convergence
CEBS has today posted a detailed
agenda for the Public Roundtable it has scheduled for 9 December 2009 with a view to fostering convergence in the application of Pillar 3 requirements and enhancing comparability of related disclosures.
30 November 2009
CEBS has commented on Part 2 of the IASCF Constitution Review Proposals for Enhanced Public Accountability
CEBS has today submitted its
comments on the IASC Foundation's consultation of Part 2 of the Constitution Review
Proposals for Enhanced Public Accountability
The list of all comment letters CEBS submitted to the IASB/IASCF can be accessed
here.
24 November 2009
CEBS has commented on the IASB's Exposure Draft Improvements to IFRSs
CEBS has today submitted its
comments on the IASB's
Exposure Draft ED/2009/11 Improvements to IFRSs.
The list of all comment letters CEBS submitted to the IASB can be accessed
here.
18 November 2009
Mr. Arnoud Vossen speaks at the Euro Finance Week 2009, in Frankfurt
The speech of Mr. Arnoud Vossen, Secretary General of the Committee of European Banking Supervisors (CEBS) on "Towards a New Architecture for European Banking Supervision".
16 November 2009
CEBS organises a public roundtable to foster convergence and comparability of Pillar 3 disclosures
(CEBS) organises a public roundtable on 9 December at the CEBS premises in London from 10.00 am to 13.00 to foster convergence in the application of Pillar 3 requirements and thereby enhancing comparability of related disclosures
03 November 2009
CEBS today publishes its work programme for 2010. CESR, CEBS and CEIOPS also publish their 3L3 work programme for 2010.
The Committee of European Banking Supervisors (CEBS) today publishes its work programme for 2010. CESR, CEBS and CEIOPS also publish their 3L3 work programme for 2010.
03 November 2009
CEBS publishes its advice on the effectiveness of a minimum retention requirement for securitisations
The Committee of European Banking Supervisors (CEBS) today publishes its advice on the effectiveness of a minimum retention requirement for securitisations.
30 October 2009
CEBS and CEIOPS publish advice on issues related to the current application in the areas of definitions and terminology, scope and internal control requirements of the Financial Conglomerates Directive
The Committee of European Banking Supervisors (CEBS) and the Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS) - through the Joint Committee on Financial Conglomerates (JCFC) - today publish their advice to the European Commission on the review of the Financial Conglomerates Directive (FCD), together with their feedback statement following a 3 month public consultation with stakeholders. Industry’s responses to this consultation were broadly supportive of the JCFC’s work, and of the proposed advice.
21 October 2009
CEBS publishes a Feedback document on its consultation paper on amendments to the guidelines on Financial Reporting
CEBS publishes today its feedback paper on the consultation paper (CP06rev2) regarding amendments to the FINREP guidelines. The consultation period last for three months and ended on the 10 June 2009. 15
public responses were received all of which were published on the CEBS website.
This feedback paper presents a summary of the key points arising from the consultation, the analysis and discussion triggered by these comments and the actions taken to address them if deemed necessary.
15 October 2009
The 3 Level 3 Committees publish today their Compendium Paper on the supervisory implementation practices of the Third Money Laundering Directive
The three Level 3 Committees (the Committee of European Securities Regulators (CESR), the Committee of European Banking Supervisors (CEBS) and the Committee of European Insurance and Occupational Pension Supervisors (CEIOPS) – through its 3L3 Anti Money Laundering Task Force (AMLTF) – publish today their compendium paper on the supervisory implementation practices amongst EU Member States of the Third Money Laundering Directive (2005/60/EC).
09 October 2009
CEBS consults on disclosure guidelines reflecting the lessons learnt from the financial crisis
The Committee of European Banking Supervisors (CEBS) today publishes for public consultation its draft disclosure guidelines intended to help institutions improve their risk disclosures in the wake of the financial crisis.
05 October 2009
CEBS submits comments on the European Commission's consultation on the adoption of ISAs
CEBS has today submitted its comments on the European Commission's consultation document on the adoption of International Standards on Auditing (ISAs) in the EU.
01 October 2009
CEBS press release on the results of the EU-wide stress testing exercise
The Committee of European Banking Supervisors (CEBS) today publishes a press release on the results of the EU-wide stress testing exercise.
28 September 2009
CEBS comments on the IASB's ED/2009/5 Fair Value Measurement
CEBS has today submitted its
comments on the IASB's Exposure Draft ED/2009/5 Fair Value Measurement.
The list of all comment letters CEBS submitted to the IASB can be accessed
here.
25 September 2009
Mr. Giovanni Carosio speaks at CEPR/ESI 2009 Annual Conference
The presentation of Mr. Giovanni Carosio, Chair of the Committee of European Banking Supervisors (CEBS) on "Towards a System of European Supervisory Authorities".
23 September 2009
The Level 3 Committees welcome the new institutional arrangements on European financial supervision
The Level 3 Committees – CESR, CEBS and CEIOPS - welcome the legislative proposals published today by the European Commission on establishing a new institutional framework for financial supervision in the EU.
17 September 2009
CEBS today publishes a Consultation Paper on the Extension of CEBS’s Supervisory Disclosure Framework
The Committee of European Banking Supervisors (CEBS) today publishes a consultation paper (CP29) on the extension of CEBS’s Supervisory Disclosure Framework. The consultation is open to all interested parties, including supervised institutions and other market participants.
public hearing
08 September 2009
CEBS Compendium of supplementary guidelines on implementation issues of operational risk
The Committee of European Banking Supervisors (CEBS) today publishes its “Compendium of supplementary guidelines on implementation issues of operational risk” (the Compendium) and a feedback document following a three-month consultation period on
CP21 and a related public hearing.
01 September 2009
CEBS appoints new Chair and Vice Chair
The Committee of European Banking Supervisors (CEBS) is pleased to announce that Mr. Giovanni Carosio has been appointed as its new Chairman.