CEBS to create EU reporting standards

LONDON -- In January, the Committee of European Banking Supervisors (CEBS) launched a consultation on standardising certain aspects of financial reporting within the EU. It also announced a complete timetable for the various consultations it plans to complete during the course of Basel II implementation.

At the end of January, the group -- which is composed of regulators from throughout the EU -- published a formal consultation to create a common framework for credit institutions’ reporting of solvency ratios. Solvency ratios are used by banking regulators to assess firms’ risks and their related capital adequacy, but until now the construction of firms’ solvency ratios has been dictated by their national regulators, and differed from jurisdiction to jurisdiction.

The new reporting

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here