Guidelines 2004

 

CEBS Guidelines on Prudential Filters for Regulatory Capital

21/12/2004

From the beginning of 2005 European listed companies, at the minimum, will have to publish consolidated financial statements based on the new International Financial Reporting Standards (IFRS) rules. CEBS has developed prudential filters for regulatory capital and is now issuing the guidelines. The objective of the guidelines is to maintain the current definition - and quality - of regulatory capital.