Brunner, Gregory (contributor); Hinz, Richard (contributor); … - 2008
funds have to adopt a
very specific and detailed risk management architecture laid out in a specific regulation
issued by … regulation in a system with only 18
pension funds. It would be very difficult – and also questionable – to implement this type …
of regulation in a system with 1,000 pension funds, including large and small funds with
very different capacities …