Consultation - International Cooperation
The European Union (EU) is a family of democratic European countries, committed to working together for peace and prosperity. Its Member States have set up common institutions to which they delegate some of their sovereignty so that decisions on specific matters of joint interest can be made democratically at European level. One of its institutions is the European Central Bank (ECB), the central bank for Europe´s single currency, the euro. The ECB´s main task is to maintain the euro´s purchaging power and thus price stability in the euro area. The euro area comprises the 12 European Union countries that have introduced the euro since 1999. Greece adopted the common currency in 2001.
The Committee of European Banking Supervisors (CEBS) is comprised of high level representatives from the banking supervisory authorities and central banks of the European Union. CEBS main tasks are to advise the Commission in the field of banking activities, to contribute to the consistent implementation of Community Directives and to the convergence of supervisory practices and to enhance supervisory co-operation. The CEBS Secretariat is based in London.
More Information related to CEBS available here
CEBS Publications
Basel Commitee
The Basel Committee on Banking Supervision was established at the end of 1974 comprising of members from Belgium, Canada, France, Germany, Italy, Japan, Luxembourg, the Netherlands, Spain, Sweden, Switzerland, United Kingdom and United States. The Committee formulates broad supervisory standards and guidelines and recommends statements of best practice in the expectation that individual authorities will take steps to implement them through detailed arrangements - statutory or otherwise - which are best suited to their own national systems. The Committee does not possess any formal supranational supervisory authority, and its conclusions do not, and were never intended to, have legal force.
International Monetary Fund
Ι. . Financial System Stability Assessment