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Committee
of European Banking Supervisors (CEBS)
applicable documents
CEBS GUIDELINES ON FINANCIAL REPORTING
CEBS has published guidelines establishing a standardised financial reporting framework (FINREP) for credit institutions operating in the EU. This framework will enable credit institutions to use the same standardised data formats and data definitions for prudential reporting in all countries where the framework will be applied. CEBS believes that this will reduce the reporting burden for credit institutions that operate cross-border, and lower barriers to the development of an efficient internal market in financial services [16 December 2005].
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