# Joint Committee on Financial Conglomerates, JCFC

- Canonical URL: https://www.gerhardmerk.de/joint-committee-on-financial-conglomerates-jcfc
- Post ID: 588257
- Modified: 2023-07-25T21:01:56+00:00
- Language: en

## Definition

A body set up by decision of the EU Commission in January 2009 to continue the work of the Interim Working Committee on Financial Conglomerates in a new form. The committee is to support the uniform and complete application of the EU's Financial Conglomerates Directive in the individual member states. - See BaFin's 2008 Annual Report, pp. 44 f. (work of the IWCFC; proposed amendments to the Financial Conglomerates Directive by the JCFC), BaFin's 2009 Annual Report, pp. 43 f. (proposed amendments to the EU Directive), BaFin's 2010 Annual Report, pp. 49 ff. (establishment of supervisory colleges; EU Commission tightens supervisory rules for financial conglomerates( as well as the respective BaFin Annual Report, chapter "International Affairs". Attention: The financial encyclopedia is protected by copyright and may only be used for private purposes without express consent! University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec. Professor Dr. Eckehard Krah, Dipl.rer.pol. E-mail address: info@ekrah.com https://de.wikipedia.org/wiki/Gerhard_Ernst_Merk https://www.jung-stilling-gesellschaft.de/merk/ https://www.gerhardmerk.de/

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