CEB Surges supervisory consensus
REGULATORY UPDATE
"Convergence of supervisory practices is not a simple endeavour; supervisors from 25 countries need to reach a consensus on very technical and complex issues, often respecting very tight deadlines," said the chair of the CEBS, Jose Maria Roldan, speaking to the European Parliament Committee on Economic and Monetary Affairs in mid-October. However Roldan also said supervisors need to capture risks at the level where they are measured and managed.
Roldan noted that if the risk management function
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