The Committee of European Banking Supervisors (CEBS) this week  published its principles for disclosures that serve as a guide for financial institutions preparing public disclosures which  incorporate lessons learned from the financial crisis.

Since June 2008, CEBS has performed four assessments of banks’ disclosures made during the financial crisis. These principles, built on the conclusions and observations derived from these assessments, are intended to contribute to further improvements in the quality of disclosures, in terms of substance, presentation and internal consistency.

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