# Three Level three Committees also spelled 3Level3 Committees, L3 bodies and 3L3 for short

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- Post ID: 592561
- Modified: 2023-07-25T21:12:29+00:00
- Language: en

## Definition

Three Level Three Committees - Committee of European Securities Regulators (CESR), - Committee of European Banking Supervisors (CEBS) and - Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS). A joint working group of the three bodies has also been dedicated to staff exchanges and staff training since 2007. - See Committee Madness, Banking Supervision, European, L3 Panels, Taskforce on Cross-Sectoral Risks to Financial Stability in Europe. - Cf. BaFin Annual Report 2007, p. 67 ("concepts" [precise language and thus clear expression of thoughts is not exactly the forte of BaFin's highly paid staff!], Impact Assessment Seminar), BaFin Annual Report 2008, pp. 43 f. (close coordination of the committees in a joint protocol; new list of tasks) as well as the respective Annual Report of BaFin, Monthly Report of the Deutsche Bundesbank of December 2009, p. 63 (guidelines for the work and cooperation of the supervisory committees), Annual Report 2010 of BaFin, p. 61 f. (the L3 committees start their work) as well as the respective Annual Report of BaFin, chapter "International Affairs". 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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