Institute of international finance (iif)
Satisfying the Basel Committee’s principles on risk data aggregation is proving tough, and at least 10 large banks do not expect to meet the 2016 deadline. They complain the principles are not specific...
European regulators prepared to reopen Solvency II to comply with future international quantitative standard
A new report from the IIF warns regulators to consider different approaches to shadow banking regulation
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 Institute of international finance (iif) articles
Regulators are pinning their hopes on peer pressure to ensure consistent implementation of Basel III, but some of the new standards are still to be finalised, and the whole project could be blown off course by poor economic growth. By Michael Watt
Solvency II could encourage insurers to hold poor quality or low-rated debt, which may be “inconsistent” with prudent asset allocation, the Institute of International Finance (IIF) has warned. The IIF argued that the capital charges applied to certain...
In its latest report, the IIF calls for cross-sector co-ordination in banking and insurance regulation
Risk.net poll supports IIF deputy managing director Hung Tran's view that global economic recession stands head and shoulders above fears of Greek default and Italy/Spain bail-out
Everyone has a shared interest in the success of the Greek bailout because "the alternative is so much worse for everyone", says IIF deputy managing director
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.