CEBS and CEIOPS publish consultation paper on IWCFC recomendations on capital for financial congolomerates
The Committee of European Banking Supervisors (CEBS) and the Committee of European Insurance and Occupational Penstions (CEIOPS) - through the Interim Working Committee on Financial Conglomerates (IWCFC) are publishing today the formal consultation on its advice to the European Commission (EC) on recommendations for action that the IWCFC considers appropriate to address the consequences of the differences in sectoral rules on eligible capital for the supervision of financial conglomerates.