Financial Stability Institute paper tackles proportionate solvency regulation

The Financial Stability Institute (FSI) has published a paper that outlines various regulatory approaches to proportionate solvency regulation. The paper, FSI Insights No. 14 Proportionality in the Application of Insurance Solvency Requirements, explains that a proportionate regime should be consistent with key prudential policy objectives and should also aim at preserving a level playing field. It notes that there are…

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