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Basel III blues: US politicians push for new QIS

Basel III is losing traction. Already hit by implementation delays and a loss of support from senior policy-makers, some US politicians are now calling for a national impact study – mirroring developments that saw Basel II grind to a halt. Michael Watt…

Risks and opportunities of social media

The rapid growth of social media over the past decade has left regulators and financial institutions lagging behind as they attempt to deal with the risks it poses. While the industry has made progress in dealing with potential risks, industry experts…

State regulators clash over US life reserving principles

The NAIC’s proposals for a principles-based approach to reserving for life products has largely been met with agreement from most US states. But with the New York and California state regulators dissenting, the NAIC has a fight on its hands before the…

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