Joint Forum on Financial Conglomerates

The Joint Forum on Financial Conglomerates is an international group that brings together regulators from banking, insurance, and securities sectors. Its goal is to address the challenges posed by financial conglomerates—large institutions that operate across multiple areas of finance. The Forum provides guidance and shares best practices to ensure these institutions are monitored effectively to maintain financial stability and protect consumers. By fostering cooperation among different regulatory bodies, it helps ensure that rules are consistent and comprehensive for conglomerates that might otherwise slip through the cracks of individual regulatory frameworks.