The Committee of European Banking Supervisors (CEBS) has published a call for evidence for custodian banks as part of its follow-up work in response to the ECOFIN's request of 3 June 2008 for a review of 'the coverage of risks borne by custodians (.) so as to ensure a level playing field while avoiding inconsistencies in the treatment of custodians and double regulation'.
In order to gather evidence CEBS has published a questionnaire and the deadline for responses is 4 March 2009. In parallel CEBS has issued a separate questionnaire which asks its members to report on their assessment of the position. CEBS expects to publish the results of its call for evidence in early Q2 2009. A public hearing will take place on 24 March 2009 from 10am to 1pm at CEBS's premises.
View CEBS publishes a call for evidence for custodian banks, 2 February 2009