Brussels, 20/12/2000 (Agence Europe) - Preparing a draft directive on the prudential supervision of financial conglomerates, scheduled for the spring, the European Commission has launched a consultation process aimed at gathering the points of views of companies and other interested parties. Financial conglomerates (entities offering a range of financial services in fields as varied as banking, insurance and securities) have developed rapidly over the past few years. Yet, "the acceleration...