The Financial Service Committee identified the fostering of convergence of supervisory practices as one of the major challenges in the years to come. Even though a common regulatory is the basis, a true level playing field can only be achieved through more consistent and common decision-making...

ACLI Solvency Activities, Some key messages Group Supervision, US perspective: Lessons Learned?, Conclusions...

Rapid MMoU implementation directly feeds into IAIS work on financial stability. The current financial crisis has prompted the work on group-wide supervision and in particular the acceleration of implementation of MMoU...

A brief description of the U.S. System, Overview of certain transborder issues and problems...

Introduction to FSCS, Financial Services Regulation in UK, The COMP Rules, EU Insurance Guarantee Schemes...

Defines winding-up proceedings as collective proceedings involving realising the assets of an insurance undertaking and distributing the proceeds among creditors, shareholders or members as appropriate...

Former CEIOPS Intermediaries Expert Group, CEIOPS Committee on Consumer Protection, Conclusions of the De Larosière Report, Lessons learned from the crisis...

Financial services (including insurance) depend on consumer trust confidence. Trust and confidence requires regulation of financial businesses to be financially sound and behave well...

Effective market regulation is criticial to consumer protection. Communication between various insurance department division is key. Market regulatory reforms are focusing on analysis, uniformity and collaboration...

Increasing cross-sector cooperation, Addressing systemic risk, Focus on insurance companies, Financial conglomerates...