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Record Nr. |
UNINA9910136708903321 |
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Titolo |
Ireland : : Financial Sector Assessment Program: Technical Note-Insurance Sector and Update on the Assessment of Observance of the Insurance Core Principles |
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Pubbl/distr/stampa |
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Washington, D.C. : , : International Monetary Fund, , 2016 |
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ISBN |
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Descrizione fisica |
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1 online resource (59 pages) : illustrations, tables |
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Collana |
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IMF Staff Country Reports |
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Disciplina |
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Soggetti |
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Insurance - Ireland |
Financial institutions - Ireland |
Banks and Banking |
Finance: General |
Insurance |
Industries: Financial Services |
Criminology |
Pension Funds |
Non-bank Financial Institutions |
Financial Instruments |
Institutional Investors |
Banks |
Depository Institutions |
Micro Finance Institutions |
Mortgages |
Bankruptcy |
Liquidation |
Insurance Companies |
Actuarial Studies |
Financial Institutions and Services: Government Policy and Regulation |
Illegal Behavior and the Enforcement of Law |
Finance |
Banking |
Insurance & actuarial studies |
Corporate crime |
white-collar crime |
Insurance companies |
Solvency |
Stress testing |
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Financial institutions |
Financial sector policy and analysis |
Anti-money laundering and combating the financing of terrorism (AML/CFT) |
Crime |
Banks and banking |
Debt |
Financial risk management |
Money laundering |
Ireland |
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Lingua di pubblicazione |
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Formato |
Materiale a stampa |
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Livello bibliografico |
Monografia |
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Sommario/riassunto |
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This Technical Note discusses the findings and recommendations made in the Financial Sector Assessment Program for Ireland’s insurance sector. Insurance in Ireland is well developed, diverse, and has a large international business presence. Insurance penetration in Ireland is almost three times the EU average. Many recommendations have been implemented by the central bank, with Solvency II now the solvency regime in Ireland. In total, 51 Supervisory Review Process guidance papers have been prepared setting out the central bank’s internal supervisory processes and procedures under Solvency II with reference to the technical standards and guidelines and the central bank’s prioritization framework. Forty-seven of these were complete as of the end of 2015. |
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