CEBS has published guidelines on the Application of the Supervisory Review Process under Pillar 2. The supervisory review process is a central component of the new Capital Requirements Directive. It is designed to enhance the link between the risks taken on by credit institutions and investment firms, their management of those risks, and the capital they hold.
Section 2.1 of the Guidelines on the Application of the Supervisory Review Process under Pillar 2 was repealed by the EBA Internal Governance Guidelines, published on 27 September 2011.