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Brazil looks to controls

New legislation in Brazil on banking systems and controls has triggered a flood of sales from large accountancy firms and specialist service providers. John Rumsey looks at the new rules and how Brazilian banks are responding

Re-evaluating valuation

Subprime mortgage woes continue to send shudders through the markets. Rising delinquencies, rating downgrades and falling prices have left investors with huge losses on CDO of ABS investments. The losses have revealed discrepancies in the valuation of…

CEIOPS anticipates Solvency II difficulties

The Committee of European Insurance and Occupational Pensions Supervisors (CEIOPS) has said it will struggle to meet the EU Commission’s demands for a factual report on the third quantitative impact study (QIS3) and a draft of the fourth study (QIS4) by…

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