Cebs says work on supervisory colleges is accelerating

Work on building supervisory colleges across the EU is accelerating, as these fledging entities are being put on the battlefront of crisis prevention. But Arnoud Vossen, secretary-general of the Committee of European Banking Supervisors, in an exclusive interview with Operational Risk & Regulation, makes it clear that it is important to build the colleges with solid foundations if they are to withstand another financial hurricane.

Proposals issued last week by the European Commission's Internal