ERM frameworks [49]

Go to: Summary | Previous | Next   
Bullet points include: “EU institution replacing existing level 3 Committees. Regulation: technical rule-making. Drafting of detailed technical rules. Advice to Commission on Directive texts. Non-binding guidance to Member States and industry on best practice implementation. Supervision: Oversight of national supervisors. Oversight of European colleges of supervisors. Peer reviews of supervisory approaches: best practice guidance on “comply or explain” basis. International and macro-prudential. European representation alongside Member States on international bodies. Role in European macro-prudential analysis, alongside ECSB”

Contents | Prev | Next | ERM Lecture Series

Desktop view | Switch to Mobile