All posts tagged "Solvency"
-
59Australia & 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 -
72ChinaChinese 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 -
99ChinaCBIRC 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 -
64Australia & 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 -
155Asia-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 -
278AML / 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 -
268Capital 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 -
242Australia & NZ
RBNZ Refines Principles Governing Insurance Solvency Review
The RBNZ says it is confident that the revised principles are now robust, comprehensive and will guide the ongoing policy work on the review of solvency standards.
March 5, 2021 -
195Capital RegulationFSC Korea to Tighten Liquidity Rules for Credit Finance Companies
Specialised credit finance companies will be required to implement new best practice guidelines on liquidity risk management, enhance disclosures, and use less leverage.
February 25, 2021 -
269Capital Regulation
China to Implement Revised Solvency Regulations for Insurers
The revisions refine the existing ‘three-pillar’ framework in the areas of capital requirements, solvency measurement and methods of resolution.
February 10, 2021
