International & EU

 

CEBS (Committee of European Banking Supervisors) is comprised of high-level representatives from the banking supervisory authorities and central banks of the European Union. The authorities of the Member States of the European Economic Area also participate in CEBS.

The Committee's role is to:

  • advise the Commission, either at the Commission's request within a time limit which the Commission may lay down according to the urgency of the matter, or on the Committee's own initiative, in particular as regards the preparation of draft implementing measures in the field of banking activities;
  • contribute to the consistent implementation of Community Directives and to the convergence of Member States' supervisory practices throughout the Community; and
  • enhance supervisory co-operation, including the exchange of information.

The FSA representative on CEBS is Thomas Huertas, Director, Banking Sector.

For more information on the Committee and its latest news and publications, please visit the CEBS website.