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)