CEBS study on adjustments to IFRSs for regulatory reports
08 Oct 2007
The Committee of European Banking Supervisors (CEBS) has published an analysis of adjustments European banks in 28 countries have made to reported IFRS measurements for the purpose of computing bank regulatory capital.
"The analysis shows that the implementation of the prudential filters has improved over time and that a very high level of compliance with the CEBS guidelines has been achieved amongst members.... As concerns the quantitative part of the analysis, the data collected shows that prudential filters moderately reduce total eligible own funds by 0.9% and result in a 5.2% decrease in original own funds, mainly owing to the AFS equity instrument filter recommended by CEBS." |
The CEBS 'prudential filter' adjustments include:
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Click for:
- CEBS Analytical Report on 'Prudential Filters' (PDF 290k)
- CEBS 'Prudential Filters' Adopted in 2004 (PDF 165k)