However, such data are now available in the official statistics for many economies, including the euro area, with a considerable degree of detail (Chart 11). For some economies, securitylevel data that provide highly granular insights into the trading of individual assets are now available.
The CEBS’s other focus is to promote a consistent approach to banking supervision through increased convergence of standards and practices and enhanced cooperation and information sharing. The ultimate goal is to build a common supervisory culture and a practical operational network of banking supervisors within the established EU legal framework.