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Article 57

For the purposes of Article 56, a Sub-Committee on Financial Conglomerates to the Joint Committee shall be established. The Sub-Committee shall be composed of the individuals referred to in Article 55(1), and one high-level representative from the current staff of the relevant competent authority from each Member State. The Sub-Committee shall elect a Chairperson from among its members, who shall also be a member of the Joint Committee. The Joint Committee may establish further Sub Committees.

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Source: EUR-Lex (Cellar) · retrieved 2026-10-09 · Text as adopted (Official Journal); later amendments are not incorporated in this text.