CEBS christens London HQ with flurry of activity
LONDON – The Committee of European Banking Supervisors has kicked off its activities in its new London headquarters with a bang.
The CEBS announced at the end of October that it is starting a consultation on common reporting by financial institutions within the EU – the first task is to achieve a common solvency ratio reporting framework, according to a statement from the CEBS. A working group of regulators has already achieved "good progress", and full consultation with the industry is expected early in 2005.
José Maria
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