Brussels, 16/11/2009 (Agence Europe) - The European Commission has opened a consultation exercise that will run until 15 January 2010 on the revision of Directive 2002/87/EC on prudential surveillance of conglomerates active in banking and insurance. Directive 2002/87/EC complements other EU directives on prudential supervision of banks (known as the Basel II Directive) and insurance (known as the Solvability II Directive). The revision was scheduled under the rules currently in force but...