Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

CEBS, CEIOPS And CESR Today Publish Their Guidelines For The Prudential Assessment Of Acquisitions And Increases In Financial Holdings As Required By Directive 2007/44/EC

Date 18/12/2008

The guidelines define co-operation arrangements amongst supervisors from across financial sectors, in order to ensure an adequate and timely flow of information between them. Furthermore, the guidelines establish an exhaustive and harmonised list of information that proposed acquirers should include in their notifications to the competent supervisory authorities.

These guidelines (08-543b) are accompanied by feedback table (08-543b Annex) and a press release (3L3 18/12/09 MA).