Banks log concerns over Cebs concentration risk guidelines

Risk magnifying glass

Implementing new concentration risk guidelines by the end of 2010 could be problematic, according to a UK banker at a public hearing on March 12 to discuss the draft guidelines from the Committee of European Banking Supervisors (Cebs).

Bill Hayward, head of capital reporting at Barclays, described a proposed end-2010 implementation date as “unrealistic”.

Cebs said the draft guidelines will be built into the Internal Capital Adequacy Assessment Process and the Supervisory Review and Evaluation Proc

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