Belgium : Financial System Stability Assessment-Technical Note-Banking, Insurance, and Financial Conglomerate Supervision

Author/Editor:

International Monetary Fund. Monetary and Capital Markets Department

Publication Date:

March 8, 2018

Electronic Access:

Free Full Text. Use the free Adobe Acrobat Reader to view this PDF file

Summary:

The regulatory framework for Belgian financial institutions has been strengthened substantially since the 2013 FSAP. Notably, new national banking and insurance laws have been issued, the Bank Recovery and Resolution Directive (BRRD) and amendments to Financial Conglomerate Directive (FICOD) have been transposed, Solvency II has been implemented, and the National Bank of Belgium (NBB) has been designated as the macroprudential authority. This has improved significantly the regulatory framework and broadened its scope to better address the challenges posed by financial conglomerates (FC).

Series:

Country Report No. 18/70

Subject:

English

Publication Date:

March 8, 2018

ISBN/ISSN:

9781484345955/1934-7685

Stock No:

1BELEA2018004

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

67

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