Digital Assets Report

Since the early stages of the financial crisis, debates on the need for various regulatory regimes within the financial industry have come in to play.

Since the early stages of the financial crisis, debates on the need for various regulatory regimes within the financial industry have come in to play. As a result the Solvency II framework has become the new benchmark for the insurance sector. Although it was adopted by the Council of the European Union and the European Parliament in November 2009, up to date the implementation process is yet to be completed. There are a number of debated questions in the legislation; the role of private rating agencies or the procedure used for determining correlations between different asset classes; meanwhile, harsh criticism is emerging within the insurance companies as they are yet to face the strict implementation deadline of 1st January 2016. At our 2nd Annual Solvency II forum, we will provide a comprehensive view on the most important updates, requirements, reaching deadlines and changes of the Solvency II framework.