Amsterdam may 2010
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The document discusses challenges facing mergers and acquisitions (M&A) in 2010, including excess liquidity, low interest rates, political issues in Europe, and sovereign debt. It also covers consequences of the recent financial crisis such as opportunities for M&A by companies with strong cash positions. New regulations like Basel II and Solvency II will help the European insurance sector. Key sectors for M&A are predicted to be content/entertainment, communications, pharmaceuticals, and clean energy. Trends in 2010 show a decline in M&A activity in Europe compared to previous years.
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This document provides a summary of the top 10 risk and compliance related news stories from the week according to the International Association of Risk and Compliance Professionals. It discusses two quotes from regulatory officials and summarizes reports from the SEC and other organizations. Key topics included whistleblower awards, fraud prevention, and Islamic finance prospects in Africa.
Annual report-2018-2019 insurance europe
The 2020 review of Solvency II provides an opportunity to address unintended consequences and make targeted improvements to support insurers' role in the economy. While Solvency II strengthened risk management, it also led insurers to shift away from long-term guarantees and sub-optimal investment due to high capital requirements. The 2018 review was a missed chance to enhance investment capacity by reducing the risk margin. The 2020 review should preserve the framework's balance while improving areas that hinder insurers' products and investments in a growth-supporting manner, without overall capital increases.
H.Green - Dissertation 2014
This document summarizes a dissertation that examines the extent to which government bailouts during the 2008 financial crisis distorted competition in the European banking sector. It begins with an introduction that provides background on the crisis and vast state aid provided to banks. It then outlines the methodology, literature review, theoretical framework, and analysis that will be used to assess if bailed out banks gained competitive advantages through lower funding costs. The dissertation aims to determine if bailouts undermined competition by benefiting some banks over others.
Monday April 30 2012 - Top 10 risk and compliance management related news sto...
This document is a letter from the President of the International Association of Risk and Compliance Professionals (IARCP) providing a summary of the top 10 risk and compliance related news stories and events of the week. It discusses topics such as traded life policy investments in London that bet on when US citizens will die, the definition of shadow banking, developing a single rulebook for banking regulations in Europe, and financial regulations in other countries and regions. The letter is intended to keep IARCP members informed about important issues shaping the risk and compliance field.
World capitalist system towards debacle
Despite all the artifices to neutralize the trend of decline of profit rates in the world capitalist system as predicted by Karl Marx in his great work The Capital, will not prevent its collapse over time because the political and social cost would be immense for humanity with its maintenance. Before the collapse, the world capitalist system will be ruined by the economic depression for many years resulting in his climbing the bankruptcy of many companies, the economic unfeasibility of the highly indebted nation states and mass unemployment on a global scale. Given the existence of the chaos that already dominates the world economy that is getting worse, it is time for each country and humanity provide themselves as urgently as possible tools necessary to take control of their destiny. To take control of his destiny humanity must take to end the world capitalist system to exercise governance of the world economy. This is the only means of survival of the human species.
Monday October 29, 2012 - Top 10 Risk Management News
This document provides a summary of the top 10 risk and compliance related news stories from the week as reported by the International Association of Risk and Compliance Professionals (IARCP). The stories include comments from various regulatory bodies and central banks on financial regulation, risk management, and monetary policy issues. Specifically, it mentions comments from the European Insurance and Occupational Pensions Authority (EIOPA), plans for the new UK Financial Conduct Authority, and initiatives from the Bank of England, International Association of Insurance Supervisors, and others.
Monday April 9 2012 - Top 10 risk and compliance management related news stor...
The document summarizes the results of the Basel III monitoring exercise as of June 30, 2011 conducted by the Basel Committee on Banking Supervision and the European Banking Authority. A total of 158 European banks submitted data, consisting of 48 large internationally active banks (Group 1) and 110 other banks (Group 2). The results showed a shortfall of liquid assets of €1.15 trillion, representing 3.7% of total assets of €31 trillion, if banks made no changes to their liquidity risk profile. The monitoring assessed the impact of the new Basel III capital and liquidity requirements and compared results to current national implementations of Basel II.
Monday September 3 2012 - Top 10 Risk Management News
The document discusses two quantitative models developed by the Bank of Canada to improve assessment of risks to the Canadian financial system:
1. The Household Risk Assessment Model (HRAM) assesses how household debt levels and shocks like interest rate increases or unemployment would affect financial stability.
2. The Macro Financial Risk Assessment Framework (MFRAF) models contagion effects between banks by taking into account counterparty exposures and funding liquidity risk. It integrates these factors to better evaluate overall systemic risk to the financial system.
The models provide tools to identify and measure emerging risks, forecast the probability of financial crises, and assess the impact of policy measures on financial stability.
Monday November 19 2012 - Top 10 Risk Management News
The document is the full communique from a Group of 20 Finance Ministers and Central Bank Governors meeting. The key points are:
1) The G20 committed to promoting global growth and job creation and addressing economic challenges.
2) Progress was made implementing commitments from a previous G20 summit, but growth remains modest and risks are elevated.
3) The G20 committed to further policy measures to support demand and reduce risks.
12 bad banks_finding_the_right_exit_from_the_financial_crisis
1. The document discusses different approaches that banks and governments have taken to establish "bad banks" to deal with toxic and non-core assets arising from the financial crisis.
2. It identifies five core design topics for setting up a bad bank: defining asset scope, establishing the legal framework, evaluating the business case, defining portfolio strategies, and setting up operating models and processes.
3. Individual banks have pursued on-balance sheet guarantees, internal restructuring units, off-balance sheet SPEs, and bad bank spin-offs as legal structures, while governments may establish broader state-supported bad bank plans.
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