- Selected french banking and financial regulations
- La coopération au niveau international
- La coopération au niveau européen
- Les lignes directrices et bonnes pratiques du Comité de Bâle
- Les orientations de l'ABE
- Les grands enjeux
- Supervisory Disclosure
The importance of supervisory transparency and accountability has been stressed by the Basel Committee on Banking Supervision and by the European legislation (namely the recast directives 2006/48/EC and 2006/49/EC). The Committee on European Banking Supervisors (CEBS) therefore developed a supervisory disclosure framework allowing meaningful comparisons. The European Banking Authority (EBA) continues to monitor the tables of information in this section, they were developed by CEBS and are implemented on the individual homepages of the competent authorities of the EU Member States. The EBA website serves as a centralised electronic repository and allows for quick and easy comparison of the relevant information. The websites of the national competent authorities provide the exhaustive and detailed information required by the Capital Requirements Directive (CRD), as amended.
In this section, access is given to information regarding the texts of laws, regulations, administrative rules and general guidance adopted in the field of prudential regulation and supervision in France.
The supervisory disclosure requirements cover options and national discretions, general criteria and methodologies used nationally in the Supervisory Review and Evaluation Process (SREP). This section contains also aggregate statistical data on key aspects of the implementation of the prudential framework in France.
The main purpose of supervisory disclosure is to provide easy access to information, give a comprehensive overview of supervisory and regulatory framework in Europe and enable a meaningful comparison of the approaches adopted by the competent supervisory authorities.
The content of the pages in this section has been divided into four sections :
- Laws and Regulations
Texts of laws and regulations adopting in each Member State
i) the Basel II provisions within the recast directive 2006/48/EC (Capital Requirements Directive, CRD) and the recast directive 2006/49/EC (Capital Adequacy Directive, CAD),
ii) the Basel 2.5 provisions within directive 2010/76/EC.
The texts outline the primary supervisory requirements for supervised credit institutions and investment firms.
Administrative Rules: There is a variety of definitions of administrative rules. For the purpose of disclosure they are understood as instructions to supervised entities to fulfil certain legislative and regulatory requirements.
General guidance includes explicit disclosure requirements from the recast directive 2006/48/EC and explanations deemed necessary to set out how the rules should be applied by institutions. Additionally such guidance will cover any other relevant information that competent authorities may wish to release to enhance the understanding of the new capital adequacy framework.
- Options and national discretions
The recast 2006/48/EC and 2006/49/EC directives contain a large number of national discretions and options which may be applied on the basis of national circumstances.
- Supervisory Review
This section includes general criteria and methodologies of the Supervisory Review and Evaluation Process (SREP), minimum requirements for institutions' own Capital Adequacy Assessment Process (ICAAP) and policies on supervisory measures.
- Statistical Data
This section includes aggregate statistical data on key aspects of the implementation of the prudential framework in each Member State. The disclosure includes national statistical data about the banking sector, credit risk, operational risk, market risk and supervisory actions and measures.
- Relevant Document:
- CEBS guidelines on Supervisory Disclosure, 14 January 2010