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.
22/12/2009 Press Releases
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.
21/12/2009 Press Releases
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.
17/12/2009 Press Releases
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.
17/12/2009 Press Releases
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.
15/12/2009 Press Releases
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.
14/12/2009 Press Releases
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.
11/12/2009 Press Releases
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.
11/12/2009 Press Releases
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.
11/12/2009 Press Releases
The Committee of European Banking Supervisors (CEBS) today publishes its guidelines in relation to the common reporting of large exposures.
11/12/2009 Press Releases
The Committee of European Banking Supervisors (CEBS) today publishes its implementation guidelines on hybrid capital instruments.
10/12/2009 Press Releases
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.
09/12/2009 Press Releases
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.
24/11/2009 Press Releases
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".
18/11/2009 Press Releases
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.
03/11/2009 Press Releases
The Committee of European Banking Supervisors (CEBS) today publishes its advice on the effectiveness of a minimum retention requirement for securitisations.
03/11/2009 Press Releases
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).
30/10/2009 Press Releases
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.
21/10/2009 Press Releases
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).
15/10/2009 Press Releases
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.
09/10/2009 Press Releases
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.
05/10/2009 Press Releases
The Committee of European Banking Supervisors (CEBS) today publishes a press release on the results of the EU-wide stress testing exercise.
01/10/2009 Press Releases
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.
28/09/2009 Press Releases
The presentation of Mr. Giovanni Carosio, Chair of the Committee of European Banking Supervisors (CEBS) on "Towards a System of European Supervisory Authorities".
25/09/2009 Press Releases
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.
23/09/2009 Press Releases
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.
17/09/2009 Press Releases
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.
08/09/2009 Press Releases
The Committee of European Banking Supervisors (CEBS) is pleased to announce that Mr. Giovanni Carosio has been appointed as its new Chairman.
01/09/2009 Press Releases
The Committee of European Banking Supervisors (CEBS) today publishes its passporting guidelines following a three month public consultation.
27/08/2009 Press Releases
The Committee of European Banking Supervisors (CEBS) has published today its revised Peer Review (PR) Methodology that was originally initiated in 2007.
21/07/2009 Press Releases
The Committee of European Banking Supervisors (CEBS) has published today a Position Paper on a countercyclical capital buffer. The objective of this paper is to outline possible practical tools for supervisors to assess banks’ capital buffers under Pillar 2.
17/07/2009 Press Releases
The Committee of European Banking Supervisors (CEBS) today publishes its consultation paper (CP28) on liquidity buffers. This paper sets out draft guidelines on the appropriate size and composition of liquidity buffers with a view to enhance banks’ resilience to liquidity shocks. Bespoke buffers should be in place to enable credit institutions to withstand a liquidity stress for a period of at least one month without changing their business models.
07/07/2009 Press Releases
The presentation of Mr. Arnoud Vossen, Secretary General of the Committee of European Banking Supervisors (CEBS) on "Future Shape of Regulation".
02/07/2009 Press Releases
The presentation of Mrs. Kerstin af Jochnick, Chair of the Committee of European Banking Supervisors (CEBS) on "Supervision in Response to the Financial Crisis".
29/06/2009 Press Releases
The Committee of European Banking Supervisors (CEBS) has published today two reports setting out the outcome of efforts made in assessing banks’ disclosures i) in their 2008 audited annual reports on activities and exposures affected by the financial crisis and ii) under Pillar 3.
24/06/2009 Press Releases
The Committee of European Banking Supervisors (CEBS) today publishes its consultation paper (CP 27) on its implementation guidelines on hybrid capital instruments. The consultation is open to all interested parties, including supervised institutions and other market participants.
22/06/2009 Press Releases
The Committee of European Banking Supervisors (CEBS) today publishes its liquidity identity card (hereafter “liquidity ID”) aiming at providing supervisors of European cross-border banking groups with a single prudential language to enable meaningful exchange of information, in particular within colleges of supervisors.
22/06/2009 Press Releases
The presentation of Mrs. Kerstin af Jochnick, Chair of the Committee of European Banking Supervisors (CEBS) on "Rethinking the Supervisory Process".
15/06/2009 Press Releases
CEBS organises a public hearing on operational risk mitigation techniques on 9 July 2009.
15/06/2009 Press Releases
The Committee of European Banking Supervisors (CEBS) today publishes a consultation paper (CP26) on implementation guidelines, which focuses on three aspects of the revised large exposures regime (definition of ‘connected clients’, calculation of exposure values for schemes with exposure to underlying assets, reporting requirements). The consultation is open to all interested parties, including supervised institutions and other market participants until 11 September 2009.
12/06/2009 Press Releases
The Committee of European Banking Supervisors (CEBS) today received a call for technical advice - second part on Article 122a of the amended Capital Requirements Directive.
12/06/2009 News
The Committee of European Banking Supervisors (CEBS) today publishes its second advice on options and national discretions.
10/06/2009 Press Releases
The Committee of European Banking Supervisors (CEBS) today publishes its Annual Report 2008.
09/06/2009 Press Releases
The Committee of European Banking Supervisors (CEBS) organises a public hearing on liquidity buffers.
03/06/2009 Press Releases
Following the European Commission’s call for advice received on 17 March 2009, the Committee of European Banking Supervisors (CEBS) today publishes its advice on the information that may be exchanged between home supervisors and host supervisors of branches under article 42 of Directive 48/2006/EC (“the Capital Requirements Directive” or “CRD”).
03/06/2009 News
The Committee of European Banking Supervisors (CEBS) and the Committee of European Insurance and Occupational Pensions (CEIOPS) - through the Joint Committee on Financial Conglomerates (JCFC) are publishing today the formal consultation on its proposed advice to the European Commission (EC) on its review of the Financial Conglomerates Directive(FCD).
28/05/2009 Press Releases
The presentation of Mrs. Kerstin af Jochnick, Chair of the Committee of European Banking Supervisors (CEBS) on "The Future of Financial Regulation and Supervision"
15/05/2009 Press Releases
The Committee of European Banking Supervisors (CEBS) today publishes its statement on stress testing exercise.
12/05/2009 Press Releases
The Committee of European Banking Supervisors CEBS organises an public hearing in London on 28 May 2009 to discuss the findings of its follow-up work assessing banks’ transparency.
29/04/2009 Press Releases
The 3L3 Committees, CESR, CEBS and CEIOPS, published today their joint response to the European Commission’s consultation on improving the supervision of EU financial markets. The joint response also includes in an annex, the three Committees’ sectoral views on the proposals made by the high-level group (“the Group”) on the structure of financial supervision in the EU, chaired by Jacques de Larosière, which were endorsed by the Commission’s Communication of 4 March 2009.
23/04/2009 Press Releases
The presentation of Mr. Arnoud Vossen, Secretary General of the Committee of European Banking Supervisors (CEBS) on "An update on EU Regulation and Policy"
22/04/2009 Press Releases
The Committee of European Banking Supervisors (CEBS) today publishes a finalised set of principles for remuneration policies following a one-month public consultation period and a public hearing. The principles address key aspects of well functioning remuneration policies and thus support the sound operation of banking institutions.
20/04/2009 Press Releases
The Committee of European Banking Supervisors (CEBS) today publishes a report on the materiality of custodian banks’ engagement in settlement internalisation and Central Counterparty-like activities. This forms part of its follow-up work in response to the ECOFIN’s request on 3 June 2008 for a review of ‘the coverage of risks borne by custodians (…) so as to ensure a level playing field while avoiding inconsistencies in the treatment of custodians and double regulation’.
17/04/2009 Press Releases
CEBS today publishes its first peer review report on its members’ compliance with CEBS’s Guidelines on the validation of the Advanced Measurement (AMA) and Internal Ratings Based (IRB) approaches used by banks to calculate capital requirements.
15/04/2009 Press Releases
CEBS today publishes its first peer review report on its members’ compliance with CEBS’s Guidelines on the validation of the Advanced Measurement (AMA) and Internal Ratings Based (IRB) approaches used by banks to calculate capital requirements.
09/04/2009 Press Releases
The Committee of European Banking Supervisors (CEBS) today starts a public consultation on its proposed high-level principles for risk management. The consultation is open to all interested parties, including supervised institutions and other market participants.
08/04/2009 Press Releases
The presentation of Mrs. Kerstin af Jochnick, Chair of the Committee of European Banking Supervisors (CEBS) on "European Banking Supervision"
02/04/2009 Press Releases
Following the publication in January 2006 of the "Guidelines for Cooperation between Consolidating Supervisor and Host Supervisors", CEBS has been working to improve home-host cooperation and to enhance the functioning of the Colleges of supervisors.
02/04/2009 Press Releases
The presentation of Mr. Arnoud Vossen, Secretary General of the Committee of European Banking Supervisors (CEBS) on "Capital requirements and lending"
01/04/2009 Press Releases
The presentation of Mrs. Kerstin af Jochnick, Chair of the Committee of European Banking Supervisors (CEBS) at the BBA (British Bankers' Association) conference, in London
31/03/2009 Press Releases
The speech of Mr. Arnoud Vossen, Secretary General of the Committee of European Banking Supervisors (CEBS) on "The view from Europe on risk management and legislation"
25/03/2009 Press Releases
The Committee of European Banking Supervisors (CEBS) has published today two reports setting out the outcome of efforts made in assessing banks’ disclosures i) in their 2008 audited annual reports on activities and exposures affected by the financial crisis and ii) under Pillar 3.
24/03/2009 Press Releases
CEBS is today publishing an interim report on liquidity buffers and “survival” periods in response to a request from the Economic and Financial Committee and as part of the follow-up to its 30 Recommendations on liquidity
18/03/2009 Press Releases
CEBS has made a review of the progress made on the basis of the measures taken with respect to the issues raised in its June 2008 Report on issues relating to the valuation of complex and illiquid financial instruments and concludes that there are still more improvements to be made.
18/03/2009 Press Releases
The Committee of European Banking Supervisors (CEBS) today starts a public consultation on its proposed amendments to the Guidelines on Financial Reporting (FINREP). The consultation period will run for three months and will end on 10 June 2009.
10/03/2009 Press Releases
Mrs. Kerstin af Jochnick, Chair of the Committee of European Banking Supervisors speaks at the ELEC (European League for Economic Cooperation) event, in Amsterdam.
09/03/2009 Press Releases
The Committee of European Banking Supervisors (CEBS) today published its principles on remuneration policy and invites interested parties to comment on the set of guidelines.
06/03/2009 Press Releases
CEBS is today publishing a report (CEBS 2009 47) mapping in detail supervisory objectives and powers across EU banking authorities, with special focus on early intervention measures and the actual use of sanctioning powers.
06/03/2009 Press Releases
The Committee of European Banking Supervisors publishes its work programme for 2009.
17/02/2009 Press Releases
The Committee of European Banking Supervisors (CEBS) today opens a public consultation on its guidelines on passport notifications (Guideline).
11/02/2009 Press Releases
The Joint Committee on Financial Conglomerates (JCFC) received a letter from the European Commission (EC) requesting further work in relation to its April 2008 Call for Advice (IWCFC - CfA No. 3) - stocktake of existing national implementation practices of the Financial Conglomerates Directive (FCD) in the context of its review.
10/02/2009 Press Releases
The Committee of European Banking Supervisors today publishes its analysis of the supervisory implications of the national plans for the stabilization of markets that have been announced by the European Members States until the end of December 2008.
05/02/2009 Press Releases
The Committee of European Banking Supervisors (CEBS) today publishes its call for evidence for custodian banks as part of its follow-up work in response to the ECOFIN’s request from 3 June 2008 for a review of ‘the coverage of risks borne by custodians (…) so as to ensure a level playing field while avoiding inconsistencies in the treatment of custodians and double regulation’.
02/02/2009 Press Releases
The presentation of Mrs. Kerstin af Jochnick, Chair of the Committee of European Banking Supervisors (CEBS), at the FSI High-Level Meeting, in Cape Town
29/01/2009 Press Releases
The Committee of European Banking Supervisors (CEBS) and the Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS), together with their Interim Working Committee on Financial Conglomerates (IWCFC), publish today ten principles for the functioning of supervisory colleges.
27/01/2009 Press Releases
CEBS has published today a revised Template for written agreements between supervisors for the functioning of colleges. This revised Template supersedes the document that was published in December 2007. It provides a framework for cooperation among supervisors within a college of supervisors and facilitating the effective working of supervisory colleges of supervisors.
27/01/2009 Press Releases
The presentation of Mrs. Kerstin af Jochnick, Chair of the Committee of European Banking Supervisors (CEBS), at the European Banking Industry Committee Plenary Meeting, in Brussels
22/01/2009 Press Releases