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Belgium Technical Note on Financial Conglomerate Supervision

Belgian financial conglomerates (FCs) remained important players in the Belgian financial sector, despite significant restructuring following the global financial crisis. FCs operated in multiple streams of the financial sector, especially in banking and insurance. Owing to their economic reach and...

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Bibliographic Details
Corporate Author: International Monetary Fund European Dept
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2013
Series:IMF Staff Country Reports
Subjects:
Insurance Companies
Depository Institutions
Asset Requirements
Financial Conglomerates
Institutional Investors
Capital Adequacy Requirements
Banks
Pension Funds
Finance
Banks And Banking
Industries: Financial Services
Financial Institutions
Financial Instruments
Micro Finance Institutions
Financial Institutions And Services: Government Policy And Regulation
Mortgages
Economic Sectors
Non-bank Financial Institutions
Financial Institutions And Services: General
Financial Services Industry
Financial Regulation And Supervision
Banking
Actuarial Studies
Financial Services Law & Regulation
Insurance
Financial Sector
Insurance & Actuarial Studies
Belgium
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
Description
Summary:Belgian financial conglomerates (FCs) remained important players in the Belgian financial sector, despite significant restructuring following the global financial crisis. FCs operated in multiple streams of the financial sector, especially in banking and insurance. Owing to their economic reach and use of regulated and unregulated entities across sectoral boundaries, FCs presented a challenge for sector-specific supervisory oversight. The Executive Board suggested a pragmatic supervisory approach, which needs to be streamlined and applied more uniformly to contain FC-specific risks
Physical Description:43 pages
ISBN:9781484380413

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