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Title
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Consultation on the application of Directive 2007/44
EC as regards acquisitions and increase of holdings in
the financial sector
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Policy field(s)
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Internal Market
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Target group(s)
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All citizens and organisations are welcome to contribute
to this consultation. Contributions are particularly sought
from market participants.
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Period of consultation
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From 08.12.2011 to 10.02.2012
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Objective of the consultation
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The aim of Directive 2007/44/EC was to ensure that
supervisory authorities are as specific and transparent as
possible if they have doubts about the sound and prudent
management of the financial institution concerned, and to
minimise the scope for public authorities to invoke
prudential rules in order to hinder cross-border mergers and
acquisitions for protectionist reasons.
According to Article 6 of the Directive, the Commission
has to review the application of the Directive and submit a
report to the European Parliament and the Council, together
with any appropriate proposals to review the Directive. The
responses to this consultation will provide useful
information on how the Directive was applied in the EU
Member States and will help the Commission to prepare the
report on the application of the Directive.
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How to submit your contribution
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We welcome contributions from citizens, organisations and
public authorities.
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If you are answering this consultation as a
citizen, please
click here
to submit your contribution
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If you are answering this consultation on
behalf of an organisation, please
click here
to submit your contribution.
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If you are answering this consultation on behalf of a
public authority, please
click here
to submit your contribution.
Received contributions will be published on the Internet.
It is important to read the specific privacy statement attached
to this consultation for information on how your personal data
and contribution will be dealt with.
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View the consultation documents
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Contact details
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Responsible service:
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DG Internal Market and Services
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E-mail: |
MARKT-M-A-CONSULTATION@ec.europa.eu
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Postal address:
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European Commission, B–1049 Brussels
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Number of responses received to this consultation
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| 10 |
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View the contributions
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In the interests of transparency, organisations have been
invited to provide the public with relevant information about
themselves by registering in 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.
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Results of consultation and next steps
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Feedback statement
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