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Committee of European Banking Supervisors: Guidelines on the management of concentration risk under the supervisory review process and Position paper on the recognition of diversification benefits

( September 2, 2010, 16:17 GMT | Official Statement) -- MLex Summary: European Union banking regulators issued final guidelines on rules for managing concentration of risks as part of capital rules. The regulatory panel also issued a paper on how supervisors can consider diversification benefits, within their reviews of banks' capital adequacy.The Committee of European Banking Supervisors (CEBS) today publishes the final text of its revised Guidelines on the management of concentration risk under the supervisory review process taking into the account the results of the earlier public consultation, which ran from December 2009 to March 2010....

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