Supervisors urged to sign up to IAIS multilateral memorandum of understanding to allay concerns over sharing of confidential information
A suitable ploy?
In this white paper, Gordon Russell, Global Head of Risk at Broadridge Investment Management Solutions argues that the chances of survival in this new environment will be greater for funds that implement solutions to efficiently and cost-effectively manage data and risk.
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Out of proportion?
Regulator updates internal model approval process
Work plan being developed with NAIC as European regulators seek 'different approach' to equivalence
Capital charge should better reflect real risk of underlying assets, says asset manager, as survey finds insurers are looking to increase exposure to alternative assets
Eurozone instability making application of harmonised Pillar 1 ‘difficult’
Insurance industry helps to stabilise money flows and should not be weakened by regulatory initiatives to address crisis in financial industry, says think-tank
New approach needed for US, says European Commission, as seven countries identified for assessment
Bernardino urges rapid vote on Omnibus II and a clear Solvency II timetable
Arguments on artificial volatility dampeners must focus on fundamentals if political consensus is to be reached, warns Skinner
But MEP Peter Skinner says European Parliament vote cannot be delayed again
Concerns that Solvency II timetable could be delayed as a result
Reliance on third parties for critical data is key issue
In response to industry fears of a collateral crunch, regulators have revised the proposed rules on margining for uncleared over-the-counter (OTC) derivatives.You can find out more by downloading this white paper here.