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THE NEW SUPERVISORY FRAMEWORK

THE NEW SUPERVISORY FRAMEWORK. XBRL CONFERENCE 'Preparing for CRD IV Reporting’ London Hilton on Park Lane , 17 June 2013 Robert PRIESTER Deputy Chief Executive European Banking Federation. Our members. 31 National Member Associations: 27 EU Member States 4 EFTA countries

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THE NEW SUPERVISORY FRAMEWORK

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  1. THE NEW SUPERVISORY FRAMEWORK XBRL CONFERENCE 'Preparing for CRD IV Reporting’ London Hilton on Park Lane, 17 June 2013 Robert PRIESTER Deputy Chief Executive European Banking Federation

  2. Our members • 31 National Member Associations: • 27 EU Member States • 4 EFTA countries • 14 Associates

  3. SINGLE RULE BOOK TODAY: 27 differing frameworks • Definitions • Interpretations • Breakdowns • Gross or net exposures • Etc. = nightmare TOMORROW: 1 Single Reporting Framework

  4. INDUSTRY PRIORITIES • Integrated Reporting • Why? • Communication Channels

  5. INTEGRATED APPROACH -Objectives -JEGR (Joint Expert Group on Reconciliation) -Semantics: IFRS -EBA Consultations on “Forbearance and on “Asset Encumbrance"

  6. RIGHT TO KNOW WHY • What’s the use? • Merits: * Legal constraints * Enhance data quality * To bring perspective • Not about putting into question relevance !

  7. COMMUNICATION CHANNELS • Comparison national level/EU level • Need for EU forum

  8. IMPLEMENTATION TIMETABLE

  9. XBRL

  10. The Law of the Hammer

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