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28 January 2008

CEBS and CEIOPS joint consultation on IWCFC recommendations on capital for financial conglomerates




The IWCFC launched a formal consultation on its advice to the Commission on the consequences of the differences in sectoral rules on eligible capital for the supervision of financial conglomerates.

 

Questions to the industry include the recommendation on hybrids, the treatment of participations, unrealised gains, and the calculation method.

 

A meeting with stakeholders will take place in Frankfurt on 19 February in Frankfurt. IWCFC intends to adopt the final advice at its meeting on 19 March 2008. The final advice will be send to the Commission on 31 March 2008.

 

Deadline for consultation is 7 March 2008.

 

Press release

Consultation paper



© CEBS - Committee of European Banking Supervisors


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