The integration of Distributed Generation (DG) into distribution grid systems introduces problems in network operation, control and protection. Key issues associated with DG inclusion are voltage or current control, cost-effective operation, protection coordination and network transients. Better...

This paper examines the role of the interest rate in investment decisions for firms in Taiwan. To reflect the human side of decision making and the uncertain nature of information provided, we employ fuzzy set theory and fuzzy logic to examine the nonlinear relationship between these two...

This paper examines the role of the interest rate in investment decisions for firms in Taiwan. To reflect the human side of decision making and the uncertain nature of information provided, we employ fuzzy set theory and fuzzy logic to examine the nonlinear relationship between these two...

The regulatory framework for the securities market of Canada exhibits high levels of implementation of the International Organization of Securities Commissions’ (IOSCO) Principles. The regulatory framework for most of the areas covered by securities regulation is robust. The general...

The staff report highlights that the insurance sector in Sweden is well developed and mature. The captive insurance segment is mainly driven by tax advantages. This assessment provides an update on the significant regulatory and supervisory developments in the insurance sector of Sweden since...

This paper presents the report on observance of standards and codes (ROSC) for the financial sector prepared in connection with the financial sector assessment program (FSAP). The FSAP covers the Basel Core Principles for effective banking, the International Association of Insurance Supervisors...

Significant legislative changes and regulatory developments have taken place in the Netherland’s insurance sector. The initial Financial Sector Assessment Program (FSAP) and the current assessment are benchmarked against the Insurance Core Principles (ICPs) issued in 2003. Progress has...

Insurance regulation and supervision is of a high standard, and most of the enhancements suggested have been put in place. Further enhancements will be required, in the context of the forthcoming introduction of Solvency II requirements, in such areas as the frequency of onsite inspections, the...