# L3 committees (L3 Committees)

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- Post ID: 592375
- Modified: 2023-07-25T21:02:42+00:00
- Language: en

## Definition

The three committees - Committee of European Securities Regulators (CESR), - Committee of European Banking Supervisors (CEBS), and - Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS). - See AusschussWahn, Banking Supervision, European, Three Level three Committees, Taskforce on CrossSectoral Risks to Financial Stability in Europe. - See BaFin Annual Report 2008, pp. 43 f. (strengthening the role of the L3 committees in aligning supervisory practices; procedural arrangements; legally binding nature of decisions); Deutsche Bundesbank Monthly Report of December 2009, p. 63 (guidelines for the work and cooperation of supervisory committees); BaFin Annual Report 2010, pp. 61 f. (the L3 committees begin their work). Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

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