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15 March 2007

CEBS call for advice on liquidity risk management





CEBS received a call for technical advice from the Commission on liquidity risk management and will provide a survey of the regulatory frameworks adopted by the member states and an analysis of selected topics related to liquidity risk management.

In the accompanying letter the Commission states that no specific EU prudential regulation in relation to liquidity risk has been adopted over the years. “Our interest is also linked to the longer-term debate on EU future supervisory arrangements”, the letter says.

The Commission has identified five issues which deserve further consideration in order to ensure that financial stability arrangements and their interaction with prudential supervision in the EU are as efficient as possible. These include liquidity, crisis management, emergency liquidity assistance, deposit insurance schemes, and the reorganisation and winding-up of credit institutions.

Letter



© Graham Bishop


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