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CEBS opens consultation for additional technical guidance

The Committee of European Banking Supervisors (CEBS) has started a public consultation on additional technical guidance for the application of the supervisory review process under the Capital Requirements Directive (CRD).

The consultation paper (CP11) complements CEBS guidelines on the Supervisory Review Process issued in January 2006. It sets out technical guidelines with regard to the management of the interest rate risk arising from non-trading activities and of concentration risk. The consultation period runs until June 23, 2006.

In relation to interest rate risk in the banking book, the CEBS proposes common

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