EBA欧洲银行-31-March-2009_BBA_The-New-Financial-Europe-Conference_Supervision-and-Regulation_11页_291kb

报告摘要

The New Financial Europe Conference Summary: Supervision and Banking Regulation

Core Content

The New Financial Europe Conference, held in London on 31 March 2009, focused on the role of the Committee of European Banking Supervisors (CEBS) in promoting effective supervision and ensuring the safety and soundness of the EU financial system. The conference addressed key challenges in regulatory convergence, cross-border supervision, and crisis management, while emphasizing the need for a harmonized and resilient regulatory framework.

Main Objectives of CEBS

CEBS aims to achieve the following objectives:

Promote efficient and effective supervision
Ensure the safety and soundness of the EU financial system
Encourage good supervisory practices
Implement cost-effective approaches for cross-border group supervision
Maintain a level playing field and ensure proportionality in regulation

Main Tasks of CEBS

The main tasks of CEBS include:

Providing advice to the European Commission
Promoting consistent implementation of EU banking legislation
Encouraging convergence of supervisory practices
Facilitating information exchange and supervisory cooperation
Conducting regular risk assessments from a supervisory perspective

The Lamfalussy Structure

CEBS operates under the Lamfalussy structure, which outlines a three-tiered framework for banking supervision in the EU. This structure supports:

A harmonized set of core rules
Enhanced macro prudential supervision
Colleges as the central mechanism for coordinated cross-border supervision
Peer review processes
Strengthened roles for host supervisors and 3L3 Committees (Third Level, Third Committee)

Key Challenges

The conference identified several critical challenges:

Establishing a mechanism for regulatory convergence
Balancing the roles and responsibilities between EU bodies and national authorities
Developing a coherent and functional crisis management framework, including clear criteria for burden sharing
Ensuring the accountability and independence of the new regulatory authority

Convergence on Supervisory Practices

To achieve convergence, CEBS emphasized:

A shared supervisory culture across EU member states
The development of a common toolkit for supervisory activities
The use of Colleges to ensure coordinated and aligned cross-border supervision

Harmonised Regulatory Implementation

CEBS proposed several measures to ensure harmonized regulatory implementation:

Peer Review Mechanism to assess and improve supervisory practices
Supervisory Disclosure Framework to enhance transparency
Mediation Mechanism to resolve conflicts between national supervisors

New Regulation in Response to the Crisis

In response to the financial crisis, the conference highlighted the need for new regulations covering:

Capital Requirements Directive (CRD): Addressing gaps, pro-cyclicality, and capital buffers
Liquidity risk management to ensure banks can withstand financial shocks
Transparency and proper valuation of financial instruments
Remuneration policies to prevent excessive risk-taking
Enhanced risk management frameworks across institutions