Other news - August 2010

Financial conglomerates
Commission proposes to amend rules on the supervision of financial conglomerates

16/08/2010

As part of its work creating a safer and sounder financial system, the European Commission has proposed to amend existing European rules on the supervision of financial conglomerates. Financial conglomerates are financial groups that are usually active in more than one country and operate in both the insurance and banking businesses.

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