Europe works to cut banks’ reporting burden


The European Central Bank (ECB) and the Committee of European Banking Supervisors (CEBS) on Wednesday published a new classification system that will make statistical requirements of the two bodies more coherent and cut down on duplicate reporting from banks.

A spokesperson for the ECB told the new system would reduce the reporting load on banks. "At the moment, banks give some of the same information to the ECB and the CEBS. They also give some data which is similar but not i

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: