Draft implementation guidelines Banking Directive (large exposures)
Article 106(2)(c) and (d) of the Banking Directive22 provides for a number of exemptions from the rules on large exposures. The article also provides that the Committee of European Banking Supervisors (CEBS) should draw up guidelines to encourage convergence of supervisory practices in applying the exemptions set out in the article. CEBS has now published its draft guidelines and is holding a consultation on these until 6 May 2010.
Revision guidelines for the recognition of external credit assessment institutions
CEBS has held a consultation on revision of the guidelines for recognition of external credit assessment institutions. This should promote consistency between the Regulation on Credit Rating Agencies23 and the Capital Requirements Directive24. By revising its guidelines, CEBS aims to make the recognition procedure more efficient and to prevent duplication.
- CEBS has published Draft guidelines on joint assessment and joint decision regarding the capital adequacy of cross border groups