All posts tagged "Solvency"
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110ChinaChina Announces Raft of Regulatory Changes for Insurance Sector
Requirements on the perpetual bond issuance have been revised and credit rating requirements for bond investments have been eased.
November 30, 2021 -
239Big PictureIAIS Warns of Climate Risks Faced by Insurance Sector
The IAIS estimates more than 35 percent of insurers’ investment assets are “climate-relevant”, i.e. exposed to climate risks.
October 6, 2021 -
447Big PictureBIS Paper Warns of Delayed Corporate Insolvency Wave
Unexpected credit losses could leave banks with inadequate loss-absorbing resources, warns a new working paper from the BIS.
August 21, 2021 -
133Australia & NZRBNZ Drafts Interim Solvency Standard to Account for IFRS 17
The inclusion of risk adjustments in insurance liabilities is expected to increase capital requirements for life insurers.
July 27, 2021 -
195ChinaChinese Regulators Penalise Dagong Global Credit Rating
Dagong failed to adequately scrutinise or inspect the businesses it was evaluating, and adjusted its ratings models without giving sufficient reason.
July 16, 2021 -
179ChinaCBIRC Issues Draft Rules for Major Bank Shareholders
Major shareholders cannot use borrowed funds to invest in banks, take out loans from the banks they invest in, or have cross-shareholdings with other banks.
June 22, 2021 -
112Australia & NZASIC Stresses Quality of Financial Reports, Disclosures
The assumptions underlying estimates and assessments for financial reporting purposes should be reasonable, supportable, realistic, and not overly optimistic or pessimistic.
June 11, 2021 -
198Asia-PacificBangladesh Bank Issues Guidelines on ‘Experimental’ IRRBB Adoption
To facilitate the full implementation by 30 June 2024, banks are asked to arrange for the experimental adoption of the guidelines by 30 June 2021.
April 20, 2021 -
367AML / KYCPhilippine Banks May Face ‘Systemic Solvency Distress’: IMF
Bank capital adequacy could fall to 11.7% by 2022 in a baseline scenario, 9.3% in an adverse scenario, and 4.9% in a severe adverse scenario.
April 20, 2021 -
350Capital RegulationJapan, EU Boost Cooperation on Insurance Supervision
EIOPA will provide the FSA advice on an equivalence decision under the EU’s Solvency II framework and, later, the monitoring of this decision.
March 6, 2021
