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This technical note evaluates strengthening cybersecurity in financial institutions of Trinidad and Tobago. The deliverables included a capacity-building seminar on regulation of cyber risk. The Central Bank of Trinidad and Tobago identified the need for filling regulatory gaps and desires to...
Persistent link: https://www.econbiz.de/10015059459
This technical assistance report discusses Cybersecurity Risk Supervision and Oversight in Sweden. Sweden's financial sector is highly digitized and interconnected, and the related technological developments heighten cyber threats and vulnerabilities. Sweden is well-served with agencies engaged...
Persistent link: https://www.econbiz.de/10015059534
This paper focuses on risk transfer and discusses the insurance sector, particularly life insurers. It expands on …
Persistent link: https://www.econbiz.de/10014398768
Mexico's financial system is digitalizing rapidly, increasing exposure to cyber risk. As in other jurisdictions, internet and mobile banking users in Mexico have increased substantially, but cyber incidents have also surged in recent years. The tight interdependencies within its financial...
Persistent link: https://www.econbiz.de/10015059983
Japan's financial system is digitalizing rapidly, increasing exposure to cyber risk. As in other jurisdictions, the pace of digitalization in Japan has increased substantially, but cyber incidents have also surged in recent years. The tight interdependencies within its financial system, and...
Persistent link: https://www.econbiz.de/10015058447
This Technical Note provides an update on the Austrian insurance industry and an analysis of its regulatory and … supervisory regime. The structure of the domestic insurance sector has remained largely stable since the last update. At Q3 …-2012 there were 50 insurance companies with assets of Euro 108 billion, making up nearly 40 percent of GDP. Although insurance …
Persistent link: https://www.econbiz.de/10014394308
This Technical Note covers the insurance sector of Italy supervised by the Institution for the Supervision of Insurance … in Italy. Notwithstanding the high level of compliance with the International Association of Insurance Supervisors … possible unexpected insolvencies. The anti-crisis measures introduced for the insurance sector have also helped the sector …
Persistent link: https://www.econbiz.de/10014394448
This report is a full assessment of Brazil’s compliance with the Insurance Core Principles (ICPs) of the International … Association of Insurance Supervisors (IAIS) as adopted in October 2011. In the last few years, the Brazilian insurance industry … experienced an explosive growth doubling the premium between 2005 and 2010. Investments by the insurance sector are conservative …
Persistent link: https://www.econbiz.de/10014395466
The regulatory framework for insurance supervision in the United Kingdom is sophisticated and the authorities are … leaders in supervisory techniques. Observance with the Insurance Core Principles (ICPs) is very high compared to peers with 17 …
Persistent link: https://www.econbiz.de/10015060503
This paper discusses Canada's Financial Sector Assessment Program (FSAP) impact on the insurance sector of a low …
Persistent link: https://www.econbiz.de/10014411183