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Under Solvency II, corporate governance requirements are a complementary, but nonetheless essential, element to build a sound regulatory framework for insurance undertakings, also to address risks not specifically mitigated by the sole solvency capital requirements. After recalling the...
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implementation of regulation can help to ensure that regulatory approaches are efficient, effective and account for risk …/risk tradeoffs across policy objectives. Risk-based approaches to the design of regulation and compliance strategies can improve the …
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