Supervision of large complex financial groups: European fundamental review in the first half of 2012
Område: Finansielle tjenester
BAKGRUNN (fra Kommisjonens pressemelding 9.2.2012, engelsk utgave)
Review of the financial conglomerate regulation (FICOD): share your views with us
The Commission services launched today a consultation aimed at reviewing the way financial conglomerates are regulated. Financial conglomerates are financial groups that are active in one or more country and operate in both the insurance and banking business. The review follows up the G20 commitment of reinforcing the global financial system by strengthening prudential oversight, improving risk management, promoting transparency, and reinforcing international cooperation. The results of this consultation will be thoroughly assessed and will serve as a basis for a review report on the fundamentals of the prudential supervision of financial groups, due for autumn 2012. This report will also state whether any legislative action is needed.Interested parties are invited to send their comments by 19 April 2012 to the following email address: MARKT-FCD-CONSULTATION@ec.europa.eu . The consultation document is available at http://ec.europa.eu/internal_market/financial-conglomerates/docs/info-le...
