Aggregated News From Investment Management Regulators

Consultation Paper on Proposals for a Green Investment Discount for Life Insurer Capital Requirements | Guernsey Financial Services Commission

Report/Flag

Please complete the required fields.



The Guernsey Financial Services Commission has today issued a consultation paper seeking views from interested parties on proposed amendments to the Insurance Business (Solvency) Rules, 2015.

The proposed amendments would introduce a “Green Discount”, which would reduce the capital requirements applicable to the green fixed income assets of life insurers. Additional measures would be put in place to ensure policyholder interests continue to be protected.

A copy of the Consultation Paper can be found at https://www.gfsc.gg/industry-sectors/insurance/legislation-and-guidance

Respondents may submit their comments online using the Commission’s Citizen Space Consultation Hub, which can be found at https://consultationhub.gfsc.gg/

Responses from interested parties are sought before the consultation deadline of 10 November 2020.

Source link

Regulator Information

Abbreviation: GFSC
Jurisdiction: Guernsey
Email: [email protected]

Recent Articles

SEC Charges Eagle Bancorp and Former CEO with Failing to Disclose Related Party Loans

Washington D.C., Aug. 16, 2022 — The Securities and Exchange Commission today charged Eagle Bancorp, Inc.

Warning regarding unregulated entities

See a PDF of the Warning published by the Cyprus Securities and Exchange Commission (CySEC CY) here: Source link

Announcement for a Case of Carrying out Securities Business without Authorisation

In line with the Capital Market Authority's (CMA) responsibilities to protect citizens and investors from unfair and unsound practices, and aiming to achieve fairness,...

OCC Hosts Risk Governance and Compliance Risk Workshops in Minneapolis

  • +1Bank Management, Banker Education, Board of Directors & Management, Community Banks
News Release 2022-99 | August 15, 2022 Share This Pag

Get the latest from Regulatory.News in your inbox!

×