Login

France Overview: Challenges in the New Supervisory Landscape

Posted on May 1, 2013 by admin

Financial services providers in France must also now become familiar with new players on the scene at a supervisory level, namely the pan-European supervisory authorities for banks, insurance and the securities markets. Although day-to-day supervision of financial services provider remains at a national level, these pan-European authorities, with a view to working towards a common rulebook, develop technical standards where necessary and draw up interpretative guidelines to assist national authorities. Although there are no current projects to set up a single supervisory mechanism for insurers (unlike for banks), the pan-European authority for insurers, the EIOPA takes an active part in the control of the insurers. Read more.

From: Who’s Who Legal

 

http://www.istockphoto.com/photo/city-skyscrapers-paris-2006524?st=9acacf8

Other Posts


Newsletter
Newsletter

Would you like
to learn more?

Join our Newsletter mailing list to
stay plugged in to the latest
information about XBRL around the world.