Insurance company Aegon and financial services group ING are among 30 financial institutions being earmarked for cross-border supervision, the Financial Times reports on Monday.

The paper says the list of six insurance companies and 24 banks has been drawn up by regulators under the auspices of the Financial Stability Board which was created in the summer.
This list, which has not been officially made public, has been produced in an effort to pre-empt risks from spreading round the world in any future financial crisis, the paper says.