Kingdom of the Netherlands-Netherlands : Publication of Financial Sector Assessment Program Documentation: Detailed Assessment of Observance on Insurance Core Principles

Author/Editor:

International Monetary Fund

Publication Date:

July 25, 2011

Electronic Access:

Free Full Text (PDF file size is 673 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

Significant legislative changes and regulatory developments have taken place in the Netherland’s insurance sector. The initial Financial Sector Assessment Program (FSAP) and the current assessment are benchmarked against the Insurance Core Principles (ICPs) issued in 2003. Progress has been made in addressing the recommendations arising from the assessment. The Financial Institutions Risk Analysis Method (FIRM) and the introduction of macroprudential supervision have strengthened The NetherlandsCentral bank's (DNB) risk-based supervision and market analysis. The updated regulatory framework has a high level of observance and the government has strengthened macro-prudential supervision to complement the traditional supervision approach.

Series:

Country Report No. 11/205

Subject:

English

Publication Date:

July 25, 2011

ISBN/ISSN:

9781462323401/1934-7685

Stock No:

1NLDEA2011007

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

55

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