The Commission is calling for views on the Financial Conglomerates Directive (FICOD). The Call for Evidence builds on a consultation from the Joint Forum of the Basel Committee and the International Organization of Securities Commissions (IOSCO), and asks several questions on:

  • the scope of FICOD for supplementary supervision;
  • supplementary supervision of systemically relevant financial conglomerates; and
  • mandatory stress tests for financial conglomerates.

It asks for comments by 19 April. (Source: Commission calls for FICOD evidence)