19 December 2008
The three Level 3 Committees have updated their protocol coordinating their joint 3L3 activities, in order to take into account the increasing importance attached to the coordination between the three Committees and agreed a formal procedure to facilitate the coordination of joint 3L3 activities.
The Committee of European Banking Supervisors (CEBS) is composed of high level representatives from the banking supervisory authorities and central banks of the European Union. CEBS’s main tasks are to advise the Commission in the field of banking activities, to contribute to the consistent implementation of Community Directives and to the convergence of supervisory practices, and to enhance supervisory co-operation. The Committee is chaired by Ms Kerstin af Jochnick. The CEBS Secretariat is based in London. The Secretary General of the Committee is Mr. Arnoud Vossen.