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preserving financial stability. While the legal, regulatory, and supervisory frameworks for banking and insurance sector have …
Persistent link: https://www.econbiz.de/10011460156
The U.K. financial sector is globally systemic, open, and complex. It has weathered the COVID-19 pandemic fittingly, thanks to the post-GFC reforms, a proactive macroprudential stance, and an effective multipronged response to maintain financial stability. Brexit uncertainties are being handled...
Persistent link: https://www.econbiz.de/10013168903
The economy recovered strongly in 2021, following an unprecedented real output contraction in 2020. However, the outlook remains precarious amidst projected future low growth, high unemployment and adverse debt dynamics, and the recovery pace is unlikely to be sustained. Ample buffers allowed...
Persistent link: https://www.econbiz.de/10013169066
Italian insurance sector since the last assessment concluded in 2013. The mission conducted a target review focusing on the … weaknesses without a full assessment of Italy's observance with the International Association of Insurance Supervisors (IAIS …) Insurance Core Principles (ICPs). Implementation of the European Union (EU) Solvency II Directive in 2016 has significantly …
Persistent link: https://www.econbiz.de/10012266779
Financial Sector Assessment Program; Technical Note-Insurance Regulation and Supervision …
Persistent link: https://www.econbiz.de/10012107579
This technical note explores key attributes of effective resolution regimes (KA) for insurance companies on France. The …
Persistent link: https://www.econbiz.de/10012122768
The striking turnaround in the Netherlands' economic performance over the past decade and a half has attracted widespread attention. Emerging from deep recession and high unemployment in the early 1980s, the economy shifted to a pace of growth more rapid than that in neighboring economies, and...
Persistent link: https://www.econbiz.de/10014411076
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This paper assesses the stability of the financial system in Japan. Although the financial system has remained stable …
Persistent link: https://www.econbiz.de/10011698181