Financial stability board (fsb)
Harmonisation of US and global systemic risk frameworks needed as US proposes first Sifis, warns industry think tank
Asia still behind on global rules forcing subsidiarisation of foreign banks in the region
Regulators are targeting insurers’ use of variable annuities and insurance-linked securities in their fight against global systemic risk. But insurers say these products are fundamental to the way the...
The computational requirements of Solvency II are driving the need for more computing power and data storage accessible on a scalable basis. Early adopters are leveraging cloud computing for their Solvency II implementation. Others are taking a more cautious approach, waiting for the industry to address key concerns such as security before they to embrace computing.
More Financial stability board (fsb) articles
Publication of list pushed back from April
It is impossible for investors to understand modelling differences between banks, FSB report warns
The insurance industry is worried that new proposals for identifying global systemically important insurers fail to distinguish them properly from the banking sector. Insurers, they argue, represent a much lower systemic threat than banks, and they are...
Industry and regulators have made progress towards an ambitious global system of unique identifiers that could help avert future crises – but there is still a lot to debate, and time is running out
International regulators and central banks trying to avoid "nightmare" of fragmented clearing system
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.