CEBS draft guidelines on concentration risk

In the draft revised guidelines CEBS is taking a broader approach to concentration risk management and suggests that it is not sufficient to analyse concentration risk only within a risk type (intra-risk analysis), but that analysis of concentration risk across risk types (inter-risk analysis) is also necessary, including credit, market, operational and liquidity risks.The guidelines set out in this paper build upon CEBS's Guidelines on the Application of the Supervisory Review Process under Pillar 2 and should be read together with CEBS's Guidelines on the revised large exposures regime, and CEBS's High level principles for risk management. Read the draft guidelines (CP 31)
Responses - till March, 31st 2010A public hearing will be held on 12 March 2010 at CEBS's premises in London, from 10:00 to 13:00 to allow interested parties to share their views with CEBS.Read more on CESR's website