CEBS adopts peer review mechanism

15 October 2007

CEBS is published the Protocol and Methodology for a peer review mechanism. The Review Panel is being set up and is mandated to assess the degree of convergence reached by CEBS members in the implementation of a given supervisory provision or practice.

 

CEBS relies on self-assessments conducted by its members against clear and objective implementation criteria, and independent reviews conducted by the Review Panel. Consistent with the so-called ‘comply or explain’ approach, should a member have not implemented a given supervisory provision or practice, then it will have to explain why.

Press release

Protocol

Methodology

© Graham Bishop