Barnier hits out at S&P; downgrades
Monday 16 Jan 2012 | [email protected] Internal market commissioner Michel Barnier has panned the timing of Standard & Poor’s move to downgrade the credit ratings of nine eurozone countries.
NAIC chief takes up Joint Forum chair
Friday 13 Jan 2012 | [email protected] The chief executive of the US National Association of Insurance Commissioners has been appointed to head up the international Joint Form of banking, securities and insurance regulators.
Insurers use third parties for Solv II prep
Thursday 12 Jan 2012 | [email protected] Over half of European insurers are reliant on third parties to provide data and analytics in order to meet Solvency II requirements, according to new research.
Eiopa criticised over Iorp ambiguity
Thursday 12 Jan 2012 | [email protected] The European Insurance and Occupational Pensions Authority has been accused of glossing over an “absolutely fundamental” part of draft advice on pension fund regulation.
Commodity speculation curbs urged
Thursday 12 Jan 2012 | [email protected] A new report has accused European banks, pension funds and insurance companies of increasing global hunger and poverty by speculating on food prices and financing ‘land grabs’ in poorer countries.
Regulate for the real economy or face unintended consequences
Thursday 12 Jan 2012 | Martin O’Donovan
EU policymakers must reassess a series of regulatory initiatives to ensure vital services are not regulated out of existence, argues Martin O’Donovan, deputy policy and technical director of the Association of Corporate Treasurers.
Lloyd’s: Solvency II on course for 2013
Tuesday 10 Jan 2012 | Karina Whalley
Lloyd’s of London says the insurance industry will stick to the 1 January 2013 original deadline for implementing the Solvency II directive “regardless of any delays by the European Commission”.
BIS appoints Fed man as committee head
Tuesday 10 Jan 2012 | Karina Whalley
The Bank for International Settlements has appointed the president of New York’s Federal Reserve to head up the Committee on the Global Financial System, replacing Mark Carney as chair.
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