Financial services glossary

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Term Definition
CEBS

See CEBS website.

The Committee of European Banking Supervisors (CEBS) is composed of high level representatives from the banking supervisory authorities and central banks of the European Union. The European Commission and non-EU EEA countries are represented as observers.

The role of CEBS is to:

  • Advise the Commission, in particular on preparation of draft implementing measures in the field of banking activities.
  • Contribute to the consistent implementation of Community Directives and convergence of Member States' supervisory practices
  • Enhance supervisory co-operation.
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