European Commission: Solvency II resource Agency Web Sites OCEG Reviewed
'Solvency II' will introduce economic risk-based solvency requirements across all EU Member States for the first time. These new solvency requirements will be more risk-sensitive and more sophisticated than in the past, thus enabling a better coverage of the real risks run by any particular insurer.
Solvency I
NAIC/AICPA Working Group resource Organizations & Associations OCEG Reviewed
National Association of Insurance Commissioners Committe Page:
The NAIC/AICPA Working Group addresses financial solvency issues and works with the American Institute of Certified Public Accountants (AICPA) on various issues.
Model Audit Rule Implementation Guide (NAIC/AICPA, 2010) resource Books / Publications OCEG Reviewed
The NAIC/AICPA Working Group Executive Committee/Plenary has adopted as final the revisions to the Annual Financial Reporting Model Regulation (the Model Audit Rule). The proposed revisions relate to auditor independence, corporate governance, and internal control over financial reporting.
FIVE TIPS TO GET MORE BUSINESS BENEFIT FROM OPERATIONAL RISK resource Articles Member contribution
"The list from the regulators is growing!" "Our leadership wants to know if we're creating value beyond shuffling compliance paperwork." "The regulators keep asking questions beyond our risk framework." "The bank is changing faster than we can keep up, changing products and integrating acquisitions." "Our o
