A keen eye for convergence

Ellen Davis talks to Danièle Nouy, chair of the Committee of European Banking Supervisors about the CRD, Pillar III and divergence, along with other issues currently occupying the CEBS

Ellen Davis: When did you officially take the helm?

Daniele Nouy:

January 19.

ED:

In which areas of the Capital Requirements Directive (CRD) do you see the most potential for divergence among regulators at the moment, and therefore, the most scope for your role in trying to bring the different regulatory regimes into alignment?

DN:

I'm not sure we can assess the main possibilities for divergence now. We have a gradual implementation process. We have started with Pillar I because there are schedule

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