. Ongoing activities include Islamic banking, sukuk issuances (to finance infrastructure projects), Takaful (insurance), and …

The Belgian insurance industry was adversely affected by the global financial crisis and continued to confront … in updating the insurance regulatory regime and supervisory practice. The updated regulatory framework has a high level … of observance with the Insurance Core Principles (ICPs), supported by robust prudential supervision. The authorities are …

, its recovery has been sluggish. France has become a less open economy and reported a steady loss of export market share … cyclical considerations with the need to preserve market confidence in French policies and in the euro area crisis resolution …

and structure of its market, the Canadian banking supervisor (OSFI) has developed and is a strong proponent of risk … well structured, forward looking and maintained on as dynamic a basis as possible. Entry to the Canadian market is subject …

This paper discusses Canada’s Financial Sector Assessment Program (FSAP) impact on the insurance sector of a low … rates take increasing account of current market rates that led to higher liabilities as low rates persisted. The note …

, although the impact of a large default could be significant. Banks also appear resilient to market risks in both the trading …