Regulatory developments in the global insurance sector
Vol. 27: September to October 2022 (posted on 1 November 2022)
In the era of expanding globalisation, it is important for insurers need to be aware of regulatory developments not only in their home jurisdiction but also in other jurisdictions/regions.
Japan’s new insurance solvency regime
Provisional decisions on technical specifications (October 2022)
The Financial Services Agency of Japan (FSA) has been working on a new solvency regulation framework for insurers that has certain characteristics in common with the Insurance Capital Standard (ICS) that is under development by the International Association of Insurance Supervisors (IAIS).
Central Bank Digital Currencies
Building Block of the Future of Value Transfer
Central Bank Digital Currencies – An Early State of Play and an Inevitability Central Bank Digital Currencies (CBDCs) have the potential to be the most pervasive innovation in the digital and payments space which will fundamentally impact all participants in the global financial services industry.
Introduction to Risk Advisory Services for Financial Services Industry
Taking on new businesses and risks beyond conventional risk management
The Risk Advisory provides services allowing for appropriate risk-taking and accurate solutions to management issues, contributing to the sustained growth of companies.
Tackling the challenges of the net-zero transition
How the financial services industry can boost credibility through measurement
Financial institutions have a significant role to play in advancing net-zero by 2050. This report focuses on the measurement challenges of net-zero in the financial services industry.
Realizing the digital promise in financial services
This series of papers from the Institute of International Finance and Deloitte explores how financial services firms are implementing digital transformation. We look at the challenges, enablers and partnerships to capture more value from digital transformation and ensure success.
The effectiveness of financial crime risk management reform and next steps on a global basis
A report from The Institute of International Finance and Deloitte
In 2019, Deloitte and the Institute of International Finance (IIF) published a white paper which lays out ways to address illicit financial flows through a combination of internationally consistent regulatory reform and an intelligence-led approach to financial crime risk management.
Building climate-resilient cities
Exploring the five lenses of climate action
Cities should take a multidimensional approach to climate change. Based on insights gleaned from our survey, we recommend that cities view climate action through five lenses: governance, innovation, risk reduction, operational sustainability, and climate equity.
Building a more sustainable insurance industry
How carriers can empower CSOs to tackle climate risk, diversity and inclusion, and governance transformation
It’s time for insurers to elevate the CSO role and empower sustainability leaders to drive ESG transformation on climate risk, diversity, and social equity.