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| European Union - Financial Conglomerates Directive Article 19 Cooperation with third-country competent authorities 1. Article 25(1) and (2) of Directive 2000/12/EC and Article 10a of Directive 98/78/EC shall apply mutatis mutandis to the negotiation of agreements with one or more third countries regarding the means of exercising supplementary supervision of regulated entities in a financial conglomerate. 2. The Commission, the Banking Advisory Committee, the Insurance Committee and the Financial Conglomerates Committee shall examine the outcome of the negotiations referred to in paragraph 1 and the resulting situation. |
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