| Title |
|
Consultation regarding the Review of the Financial Conglomerates
Directive
|
|
| Policy field(s) |
|
Supervision, Financial Conglomerates
|
|
| Target group(s) |
Contributions are particularly sought from financial institutions
(credit institutions, insurance undertakings, investment firms,
and financial conglomerates).
All citizens and organisations are welcome to contribute to this
consultation.
|
|
| Period of consultation |
| From 06.11.2009 to 15.01.2010 |
|
| Objective of the consultation |
|
Obtaining information from market participants on the necessity
to improve the provisions of the Financial Conglomerates Directive
in a way that would better serve the Directive's objectives, aimed
at the control of the so-called group risks (contagion, complexity,
concentration, conflicts of interest) and the detection of multiple
use of capital i.e. double gearing in groups that are regarded as
financial conglomerates.
Background information to the questionnaire is comprehensively
given in the Joint Committee on Financial Conglomerates Advice
no. 3. Therefore, this questionnaire refers explicitly to that
document.
|
|
| View the consultation document |

|
|
|
Contact details
|
| Responsible service: |
Directorate General Internal Market and Services,
Directorate Financial Markets,
Unit Banking and Financial Conglomerates
|
| E-mail: |
Markt-FCD-consultation@ec.europa.eu |
| Postal address: |
European Commission
SPA2 04/30
B-1049 Brussels
|
|
|
Number of responses received to this consultation
|
|
11
|
|
| View the contributions |
|
In the interests of transparency, organisations have been invited to provide the public with relevant information about themselves by registering with the Commission's Interest Representative Register and subscribing to its Code of Conduct. If the organisation is not registered, the submission is published separately from the registered organisations.
|
|
| Results of consultation and next steps |
- Feedback document
 
|
|
|
|
|
|
|