Press releases

The Committee of European Banking Supervisors (CEBS) today publishes its 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’.

The Committee of European Banking Supervisors (CEBS) has published a paper on the "Range of practices on supervisory colleges and home-host cooperation", as well as a template for a "Multilateral Cooperation and Coordination Agreement" ("Template for written agreements"). CEBS believes that these documents will enhance the efficiency and effectiveness of the European supervisory regime under the CRD. In particular, the operational focus of the Template for written agreements is expected to narrow the gap between the high level principles issued by CEBS on supervisory cooperation and day-to-day supervisory practices.

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.

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.

The European Supervisory Authorities publish today a joint Discussion Paper (JC/DP/2012/01) on Draft Regulatory Technical Standards (RTS) foreseen by the European Market Infrastructure Regulation (EMIR)

The European Banking Authority (EBA) has today published its Guidelines on AMA extensions and changes (EBA/GL/2012/1). The aim is to harmonise processes regarding the supervisory approval of such changes and to assist institutions using the Advanced Measurement Approach (AMA) to further develop their AMA models.

The Committee of European Banking Supervisors (CEBS) today published guidelines on a common reporting framework (COREP) to be used by credit institutions and investment firms when they report their solvency ratio to supervisory authorities under the Capital Requirements Directive (CRD)*.

The Committee of European Banking Supervisors (CEBS) is publishing today the Protocol and Methodology for a peer review mechanism. A group dedicated to conducting peer reviews – the Review Panel - is being set up and CEBS is now implementing ‘peer review’ as a powerful tool for convergence.

The Committee of European Banking Supervisors (CEBS), the Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS) and the Committee of European Securities Regulators (CESR) today publish their guidelines for the prudential assessment of acquisitions and increases in holdings in the financial sector as required by Directive 2007/44/EC.

The Committee of European Banking Supervisors (CEBS) has published today the amended Public Statement of Consultation Practices, which was submitted for a three-month public consultation on 19 March 2007.

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.

The Committee of European Banking Supervisors (CEBS) has published today its revised Peer Review (PR) Methodology that was originally initiated in 2007.

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.

Their publication is a further step towards greater disclosure of remuneration information, first proposed in the second amendment to the CRD (CRD III), which came into force on 1 January 2011.

The Joint Committee of the European Supervisory Authorities (EBA, EIOPA and ESMA) is launching today a three-month public consultation on the proposed response to the call for technical advice from the European Commission on the fundamental review of the Financial Conglomerates Directive (“the FICOD“).