Euro Area Policies: Financial Sector Assessment Program-Technical Note-Insurance, Investment Firm, and Macroprudential Oversight
July 19, 2018
Download PDFSummary
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
Pages:
81
Volume:
---
DOI:
---
Issue:
---
Series:
Country Report No. 2018/230
Stock No:
1EUREA2018007
ISBN:
9781484369531
ISSN:
1934-7685
