CEBS 'Principles for Disclosures in Times of Stress'

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27 Apr 2010

The Committee of European Banking Supervisors (CEBS) has published Principles for Disclosures in Times of Stress.

These guidelines are intended to help financial institutions consider lessons learned from the recent financial crisis in preparing their public financial disclosures. The principles build on the conclusions derived from the four assessments of banks' disclosures performed by CEBS. The guidelines encourage enhanced quality of disclosures without amending, duplicating, or adding to existing disclosure requirements or recommendations, such as those in IFRSs, Pillar 3, and listing rules. Click for:

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