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BoE challenged US Treasury on G-Sii status of Berkshire Hathaway

UK regulator asked for clarity on Berkshire's place in provisional list of systemically important firms

Bank of England

The Bank of England (BoE) challenged the US Treasury over the absence of insurance giant Berkshire Hathaway from a provisional list of global systemically important reinsurers (G-Siis) drafted in October last year by the Financial Stability Board (FSB), Risk.net can reveal.

The FSB was due to publish a list of G-Sii reinsurers in November 2014 alongside an updated list of G-Sii primary insurers

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