International Regulatory Updates
NOVEMBER 30, 2014
Insurance sector is in general sufficiently capitalised in Solvency II terms;
14% of companies (representing 3% of total assets) have a Solvency Capital Requirement (SCR) ratio below 100%;
The sector is more vulnerable to a “double hit” stress scenario that combines decreases in asset valu ...
NOVEMBER 28, 2014
Responding to the Consultation Paper
EIOPA welcomes comments on the Consultation Paper on Product Intervention Powers under the Regulation on key information documents for packaged retail and insurance-based investment products (hereinafter the ‘PRIIPs Regulation’).
EIOPA invites comments ...
NOVEMBER 28, 2014
Inside this issue:
The Single Supervisory Mechanism
Embracing Change – Regulatory Innovation
Regulator approach is giving Malta the edge
CSPs get top international insight at MFSA workshop
Risk Management in Financial Services
MFSA Announcements
...
NOVEMBER 19, 2014
Insurance is a dynamic industry operating in a world of risk and uniquely exposed to uncertainty. To succeed, it needs to be flexible and innovative. In parallel, regulatory change is transforming the face of insurance. The Solvency II project, which originated some 13 years ago, aims for a robust f ...
NOVEMBER 19, 2014
Link to EIOPA News Article ...
NOVEMBER 17, 2014
The approachability of the Malta Financial Services Authority (MFSA) is proving a big pull for prospective captive owners, according to Willis’ captive chief Paul Owens.
Malta is beginning to prove an attractive domicile for corporations wanting to write business direct into Europe, while it al ...
NOVEMBER 04, 2014
The European Central Bank (ECB) today assumed responsibility for the supervision of euro area banks, following a year-long preparatory phase which included an in-depth examination of the resilience and balance sheets of the biggest banks in the euro area.
Click here to access the full press relea ...
NOVEMBER 03, 2014
EIOPA welcomes comments on the Consultation Paper regarding the risk free interest rate term structure.
EIOPA invites comments on any aspect of this paper and in particular on the specific questions summarised in Annex II. Comments are most helpful if they:
respond to the question stated, wh ...
OCTOBER 31, 2014
EIOPA published today the Final Report on the public consultation related to the Solvency II Guidelines on the Operational Functioning of Colleges of Supervisors.
These Guidelines specify responsibilities of members and participants within supervisory colleges in order to implement the cooperatio ...
OCTOBER 31, 2014
