Leader's Statement of the G20 Pittsburgh Summit, What's Systemic Risk, Framework for Mitigating Systemic Risk, Japanese Safety-net for Deposit-taking Financial Institutions...

Background, International prespective, UK developments, Striking a balance, Looking ahead - Solvency II...

How do ratings fit in?, Financial crisis Issues, Financial Crisis Impact

For insurers conducting traditional activities: prudential measures need to recognize the medium and long term nature of the liabilities; appropriate buffers should be used effectively to minimize pro-cyclical effects...

Credit default swap portfolio securities lending program, inability to access capital markets, credit rating downgrade

Critical examination and reviwe of U.S Solvency Framework; Modernize, Modify, Ecpand, Eliminate, Enhance U.S regulatory system as appropriate; Examine international developments for potential use in U.S insurance regulation...

Financial crisis an insurance, Ten consequences for Risk Management and Supervision, Conclusion regarding an IGF...

Level 1: Framework Directive, Level 2: Implementing Measures (Commission), Level 3: Convergent implementation assisted by close cooperation between national authorities, Level 4: Rigorous enforcement of Community legislation by the Commission...

Significant amount of work currently undertaken by CEIOPS; Some challenging times ahead; I will focus on two main workstreams: PRIPs and IMD Revision...

1,5 trillion USD of writedowns; an unprecedent use pf crisis management tools; The cost of the crisis; Crisis Management: main issues...