The Committee of European Banking Supervisors (CEBS) has published today its draft consultation paper on Guidelines on AMA Changes (CP 45) aiming at assisting institutions using the Advanced Measurement Approach (AMA) to further develop their AMA models.
CEBS submits its initial views for a public consultation which starts today and runs until 15 March 2011. The consultation is open to all interested parties, including supervised institutions and other market participants. Comments received will be published on CEBS's website unless respondents request otherwise. Please send your comments to the following email address: firstname.lastname@example.org.
A public hearing will be held on 23 February 2011 at our premises in London, from 10:00 to 13:00 to allow interested parties to share their views with CEBS, the tasks and responsibilities of which will be taken over by the European Banking Authority (EBA) as of 1 January 2011.
CEBS expects its members to implement the Guidebook on Internal Governance and to incorporate it within their supervisory procedures by 31 December 2011. After that date, members should ensure that institutions comply with it effectively.
Registration forms should be submitted by Wednesday 16 February 2011.