CEBS report on Basel Pillar 3 addresses IFRS 7 disclosures
19 Dec 2007
The Committee of European Banking Supervisors (CEBS) has published the findings of a survey on regulatory implementation of disclosures by banks and other credit institutions under EU Directive 2006/48/CE, which transposes the Basel Pillar 3 requirements into EU legislation.
"Dealing with the relationship with accounting is of great importance to ensure that the accounting and Pillar 3 disclosures are to the largest extent consistent or at least not such that they lead to major inconsistency problems." |
- CEBS Report on Regulatory Implementation of Pillar 3 (PDF 334k)
- CEBS Press Release (PDF 36k)