European supervisors release Pillar III workshop findings


The workshop was held by the CEBS expert group on financial information (EGFI), with speakers from Royal Bank of Scotland, credit rating agency Standard & Poor's and an audience comprised of national regulators, representatives of banks, trade associations, rating agencies and the European Central Bank.

EGFI chairman Arnoud Vossen opened by stressing the CEBS's preference for a practical solution to the application of disclosure requirements. He highlighted the need for non-prescriptive, industry

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