FT Adviser, 13th December 2011: The UK must engage with EU bank laws

Wolters Kluwer Financial Services has urged the UK banking industry to engage with the European Banking Authority on the refinement of Corep, which is the capital requirements directive reporting standard. Selwyn Blair-Ford, global head of regulatory policy for Wolters Kluwer Financial Services’ FRSGlobal, said this is to avoid extra burdens and costs.

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A-Team Risk-Technology, 7th December 2011: Dodd-Frank, Basel III and Solvency II will Continue to Dominate Global Regulatory Landscape in 2012

Financial services firms have faced thousands of regulatory changes in the past year, but according to risk and compliance experts at Wolters Kluwer Financial Services, there are three names that will continue to take the spotlight as we move forward into 2012: Dodd-Frank, Basel III and Solvency II.

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nrpn, 5th December 2011: Regulator considers imposing Solvency II-lite for pension funds

Kris Van Bavel, vice-president of EMEA at Wolters Kluwer Financial Services’ FRSGlobal, says life insurers are reducing their equity exposure to falling markets in favour of government bonds, which are treated more favourably under Solvency II.

While increasing fixed income holdings help to deal with the likely capital charges laid out under the directive, they creates their own challenges. First, is the issue of low interest rates. Mr Van Bavel says: “The greatest risk to life insurers in the longer term is a lasting low level of interest rates. Finanstilsynet states the introduction Solvency II will increase the value of liabilities, since liabilities will be measured at fair value and low interest rates.”

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Global Banking and Finance Review, 24th November 2011: Behind the silver lining of the ICB Vickers Report

The ICB’s report on financial regulation would be of interest to many parties including the UK public, bankers, their customers and investors. Selwyn Blair-Ford, head of Global Regulation Policy for Wolters Kluwer Financial Services takes further look at the points raised by the report and how they will likely impact these groups.

Read the full article here courtesy of Global Banking & Finance Review »