FBE head criticises CEBS performance


Guido Ravoet, secretary general of the association, expressed serious concerns about the future working programme for CEBS. "CEBS has released a good number of guidelines, mostly for specific aspects of the Capital Requirements Directive," he said. "This has been helpful in many cases, but some problems have also become apparent, in notably two areas."

First, he said, the "common" guidelines seemed "too often to be more of an addition of the national practices, rather than an assembly of the

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