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ESRB report on macroprudential policy and systemic risk in the insurance sector

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Published on: 26 February 2020

Published by LNB News

LNB News 26/02/2020

Document Information

Issue Date: 26 February 2020

Published Date: 26 February 2020

Jurisdiction(s): United Kingdom

Article summary

The European Systemic Risk Board (ESRB) has published a report on macroprudential policy for the insurance sector. In line with its strategy for expanding macroprudential policy beyond banking, the ESRB believes that the review of the Solvency II regulatory regime for insurance in the EU, which is envisaged to be completed by the end of 2020, should result in a revised framework that better reflects macroprudential considerations and thereby contributes to reducing systemic risk in the financial sector.

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