CEBS publishes its work on delegation
CEBS today publishes a paper presenting the outcome of an in-depth analysis of delegation of supervisory tasks based on practical experience.
CEBS today publishes a paper presenting the outcome of an in-depth analysis of delegation of supervisory tasks based on practical experience.
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.
The Committee of European Banking Supervisors (CEBS), the Committee of European Securities Regulators (CESR) and the Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS) have today published a joint statement, with their input regarding the latest developments in accounting.
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 Committee of European Banking Supervisors (CEBS) today publishes its implementation guidelines on Article 106(2) (c) and (d) of Directive 2006/48/EC (Capital Requirements Directive) as amended by Directive 2009/111/EC.
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.
CEBS today publishes an amendment to the Guidelines on Common Reporting (COREP) on the standardisation of remittance dates and reporting frequencies for COREP reporting in the European Union. The Guidelines on COREP were developed by CEBS during 2004-2005 in order to harmonize reporting of the capital ratio in accordance with the Capital Requirements Directive.
CEBS publishes today the revised framework on Common Reporting (COREP). The COREP templates have been amended to incorporate changes of the CRD (directives 2009/27/EC and 2009/83/EC) as well as CRD II amendments (directive 2009/111/EC) and will be applicable by 31 December 2010.
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) has published today its guidelines on liquidity cost benefit allocation. The draft guidelines were presented for public consultation with the consultation period ending 10 June 2010. During this period a public hearing was also held. A summary of the industry’s responses to the consultation paper (CP36) is published in the feedback document. Based on the analyses provided in this document, the guidelines have not substantially changed. In particular, the five main guidelines have been kept unchanged.
The Committee of European Banking Supervisors (CEBS) today publishes its implementation guidelines on capital instruments.The revised Capital Requirements Directive (CRD) introduces explicit rules for the treatment of instruments eligible as capital and, in particular, requirements for their inclusion in institutions’ original own funds without limit. The amendments will need to be transposed into Member States’ national law by 31 October 2010 and will be applied from 31 December 2010.
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.