Finanšu konglomerātu likums

This law establishes rules for financial conglomerates, which are groups of companies operating in different financial sectors like banking, insurance, and investments. It aims to ensure their stability and prevent risks from spreading across the financial system. It affects financial institutions operating as part of a conglomerate, supervisors overseeing these groups, and potentially consumers who use their services. The goal is to enhance financial stability and consumer protection.