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Deadline - Consultation regarding the Review of the Financial Conglomerates Directive

01/15/2010
Objective : 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.

Read more on the European Commission website
View the consultation document