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This monograph outlines how the risk based approaches to supervision and regulation of insurance companies and pension funds being used in developed economies can be adapted for use in emerging markets. It discusses the impediments to implementation of risk based supervision and offers a practical but powerful approach to assist governments and government agencies charged with ensuring the solvency of financial institutions to fulfill their mandate in an efficient and effective manner.

Produktbeschreibung
This monograph outlines how the risk based approaches to supervision and regulation of insurance companies and pension funds being used in developed economies can be adapted for use in emerging markets. It discusses the impediments to implementation of risk based supervision and offers a practical but powerful approach to assist governments and government agencies charged with ensuring the solvency of financial institutions to fulfill their mandate in an efficient and effective manner.
Autorenporträt
Michael Cohen is a leading international consultant in pension and insurance supervision and regulation. He has consulted to governments and governmental agencies in over 25 countries and has provided material for the IOPS toolkit, participating in the International Actuarial Association. He was previously the senior pension supervisor in Canada.