International monetary fund (imf)
Ratings agency cites growing deficit and debt as rationale behind the change
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 International monetary fund (imf) articles
Structured products are still big in Japan, despite the damage inflicted by the collapse of Lehman Brothers. While activity in the institutional market has yet to recover, public distribution channels brimming with simpler products are increasingly popular...
New Basel III liquidity regulations look set to force many Asia-Pacific banks and regulators into uncharted territory as they try to comply with the rules and meet their own requirements through innovation.
If regulators are serious about tackling liquidity risk, they should tell sovereigns to start posting collateral on their derivatives trades, dealers argue – the current one-way agreements leave banks with tens of billions of dollars in volatile funding...
One or two countries leaving the Eurozone might be containable, but any more than that would be a catastrophe from a legal perspective, says Bird & Bird partner Charles Proctor.
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.