Belgium : Technical Note on Financial Conglomerate Supervision

Author/Editor:

International Monetary Fund. European Dept.

Publication Date:

May 24, 2013

Electronic Access:

Free Full Text (PDF file size is 914 KB).Use the free Adobe Acrobat Reader to view this PDF file

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.

Series:

Country Report No. 13/138

Subject:

English

Publication Date:

May 24, 2013

ISBN/ISSN:

9781484380413/1934-7685

Stock No:

1BELEA2013008

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

43

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