IMF Staff Country Reports

Euro Area Policies: Financial Sector Assessment Program-Technical Note-Insurance, Investment Firm, and Macroprudential Oversight

July 19, 2018

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Euro Area Policies: Financial Sector Assessment Program-Technical Note-Insurance, Investment Firm, and Macroprudential Oversight, (USA: International Monetary Fund, 2018) accessed September 19, 2024

Summary

While national authorities are still largely responsible for supervising the nonbank sector and applying the macroprudential framework, European Union (EU)-level organizations’ supervisory role is growing. Further convergence and strengthening of supervision of insurers and investment firms is consistent with the goals of an EU single market and financial stability. The macroprudential framework functions well but could be simplified and expanded to cover aspects of the nonbank sector.

Subject: Banking, Financial institutions, Financial instruments, Financial sector policy and analysis, Insurance, Insurance companies, Macroprudential policy, Solvency

Keywords: Coverage ratio, CR, Credit institution, Financial activity, Global, Group assets, Insurance, Insurance companies, Interest rate, ISCR, Macroprudential policy, Market structure, Parent company, Single market, Solvency

Publication Details

  • Pages:

    81

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2018/230

  • Stock No:

    1EUREA2018007

  • ISBN:

    9781484369531

  • ISSN:

    1934-7685