EBA欧洲银行-2008-26-11-Contributions-of-CEBS-to-European-Regulatory-Developments_21页_334kb

报告摘要

Summary of CEBS Contributions to European Regulatory Developments

Core Content

The Committee of European Banking Supervisors (CEBS) plays a pivotal role in shaping the regulatory framework of the European Union (EU) financial system. Established to promote efficient and effective supervision, CEBS focuses on ensuring the safety and soundness of the financial sector through consistent application of EU legislation, convergence of supervisory practices, and enhanced cooperation between authorities.

Main Objectives

Promote efficient and effective supervision of the EU financial system
Ensure level playing field and proportionality in regulatory approaches
Support cross-border supervision and financial stability oversight

Key Issues and Mandates

CEBS contributes to the de Larosière Group's mandate to propose a more integrated and sustainable EU financial supervision system.
The group addresses issues such as:
- Organisation of supervision for EU financial institutions
- Strengthening EU cooperation on financial stability, early warning mechanisms, and crisis management
- Global cooperation between EU supervisors and other major jurisdictions

CEBS Role in the Current Crisis

CEBS has intensified cooperation and coordination with EU institutions and other supervisory bodies during the financial crisis. This includes:

Participation in IWcFC meetings, 3L3 Chairs and Secretariats meetings, and joint activities with EU institutions
Establishment of the Task Force on Crisis Events (TFCE) to:
- Analyse and monitor rescue plans in the EU and US
- Identify supervisory implications and effects on EU banks
- Draw lessons on cross-border bank supervision

Operational and Institutional Setup – Colleges

CEBS has developed guidelines on home-host cooperation, including:

A range of practices paper
A template for written agreements

Key conclusions from CEBS:

The focus on home-host cooperation is expanding to cover a broader range of supervisory issues
The concept of colleges needs to be further developed to enhance coordination, reduce compliance costs, and promote convergence in practices

CEBS Work Programme 2009

Process

CEBS identified key topics for 2009, prioritizing flexibility and swift response.

Priorities

Crisis management and early intervention mechanisms
Large exposures (could be postponed if necessary)
Other activities that do not conflict with priorities 1 and 2

Priority 1 Activities

Crisis Management:
- Facilitate swift information exchange
- Provide guidance on common supervisory topics
- Continue work on colleges in crisis situations
Early Intervention Mechanisms:
- Support the European Commission's white paper on early intervention
- Streamline approaches for cross-border banking groups
Transparency and Disclosure:
- CEBS reported on transparency in 2008
- Similar analysis will be conducted in 2009 using 2008 year-end results
- Major EU cross-border banks will disclose Pillar 3 information
Periodic Risk Assessments:
- CEBS has provided two risk assessments to the EFC – FSC
- Will continue to deliver bi-annual assessments on micro-prudential trends and risks
Liquidity Risk Management (LRM):
- CEBS issued a report with 30 recommendations in 2008
- Follow-up work includes detailed guidance on:
  - Composition of liquidity buffers
  - Definition of survival period
  - Internal transfer mechanisms
  - Criteria for assessing banks' internal methodologies
  - Common information requirements
Hybrid Capital Instruments:
- CEBS supported the CES advice on hybrid capital instruments
- Aims to harmonise eligibility criteria and provide a common EU interpretation
- Revised CRD incorporates CEBS proposals; further work is ongoing
Harmonised Supervisory Reporting:
- Targeted for completion by 2012
- Key deliverables to be agreed upon in 2009 for COREP and FINREP
Training and Supervisory Culture:
- CEBS, CEIOPS, and CESR plan to develop 3L3 courses in 2009
- 2009 is a pilot year with EU funding expected from the European Commission