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The implementing necessity of some regulators of the financial markets that would help at the financial stability in economic crisis conditions led to reactions of the financial supervisory authority and their international associations through IAIS, IOSCO Multilateral. Romania cannot stay out...
Persistent link: https://www.econbiz.de/10011004943
The recent global financial crisis reflects numerous breakdowns in the prudential discipline of financial firms. This … policy implications. In such a setting, the structure of the regulatory agencies and the priority given to prudential goals …
Persistent link: https://www.econbiz.de/10008679113
While the financial markets have to face systemic and systematic risks, especially the insurance industries, the national supervisory authorities intend to implement regulation systems as uniform as possible at regional level and in the same time as conservatory as possible from the point of...
Persistent link: https://www.econbiz.de/10010659092
Persistent link: https://www.econbiz.de/10010934168
This paper studies the allocation of the functions and responsibilities of prudential supervision on public authorities …; political decisions on the supervisory structure are not taken in isolation. Analyzing a panel data set of prudential …
Persistent link: https://www.econbiz.de/10011803910
This paper studies the allocation of the functions and responsibilities of prudential supervision on public authorities …; political decisions on the supervisory structure are not taken in isolation. Analyzing a panel data set of prudential …
Persistent link: https://www.econbiz.de/10011802853
Persistent link: https://www.econbiz.de/10010244715
Persistent link: https://www.econbiz.de/10009299487
This paper reviews the extant research on systemic risk in the insurance sector and outlines new areas of research in this field. We summarize and classify 43 theoretical and empirical research papers from both academia and practitioner organizations. The survey reveals that traditional...
Persistent link: https://www.econbiz.de/10011154582
This paper analyses the performance of the international insurance industry during the financial crisis and examines the importance of insurance to systemic financial market stability, emphasizing the need for correct assessment of the characteristics of insurance companies, such as their...
Persistent link: https://www.econbiz.de/10011157700