# Joint Forum (on Financial Conglomerates)

- Canonical URL: https://www.gerhardmerk.de/joint-forum-on-financial-conglomerates
- Post ID: 588258
- Modified: 2023-07-25T21:01:57+00:00
- Language: en

## Definition

An international group bringing together financial regulatory representatives from banking, insurance and securities. Its main objective is to develop principles for the supervision of financial conglomerates. It works under the international bodies for these sectors, the Basel Committee on Banking Supervision (BCBS), the International Organisation of Securities Commissions (IOSCO) and the International Association of Insurance Supervisors (IAIS). The group develops guidance, principles and identifies best practices that are of common interest to all three areas). Various working groups have been established in this area. - See Committee Madness, Financial Conglomerate, Money Burning, Gigabank, Interim Working Committees on Financial Conglomerates, Joint Committee on Financial Conglomerates. - See BaFin Annual Report 2003, p. 32 f., Deutsche Bundesbank Monthly Report of April 2005, p, 48 ff, BaFin Annual Report 2004, p. 38 (study on credit risk transfer), BaFin Annual Report 2009, p. 38 f. (recommendations on capital adequacy at the international level and on cross-sectoral supervisory principles), BaFin Annual Report 2010, p. 43 f. (report on risk aggregation), and the respective BaFin Annual Report, chapter "International." 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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