http://www.bis.org/list/jforum/index.rss Publications of the Joint Forum on the banking, securities and insurance sectors, including the regulation of financial conglomerates. en http://www.bis.org/publ/joint36.htm The report, the result of a recent self-assessment survey of Joint Forum members, presents findings on how far cross-sectoral issues, and specific questions related to financial conglomerates, are effectively addressed within supervisory colleges. This stocktaking exercise also provides information on the implementation of the Joint Forum Principles for the Supervision of Financial Conglomerates and, in particular, Principle 6 relating to supervisory cooperation, coordination and information-sharing. Report on supervisory colleges for financial conglomerates 2014-09-03T06:30:00Z The report, the result of a recent self-assessment survey of Joint Forum members, presents findings on how far cross-sectoral issues, and specific questions related to financial conglomerates, are effectively addressed within supervisory colleges. This stocktaking exercise also provides information on the implementation of the Joint Forum Principles for the Supervision of Financial Conglomerates and, in particular, Principle 6 relating to supervisory cooperation, coordination and information-sharing. Report on supervisory colleges for financial conglomerates 2014-09-03T06:30:00Z BIS PDF version http://www.bis.org/publ/joint36.pdf September 2014 Bank for International Settlements: BCBS Publications 36 http://www.bis.org/publ/joint35.htm The final report identifies and assesses differences and gaps in regulatory approaches to point of sale (POS) disclosure for investment and savings products across the insurance, banking and securities sectors. It considers whether regulatory approaches to POS disclosure need to be further aligned across sectors and sets out eight recommendations, directed mainly to policymakers and supervisors, to assist them in considering, developing or modifying their POS disclosure regulations. Changes made to the consultation document are explained in a feedback statement annexed to the final report. Point of Sale disclosure in the insurance, banking and securities sectors - final report 2014-04-30T09:00:00Z The final report identifies and assesses differences and gaps in regulatory approaches to point of sale (POS) disclosure for investment and savings products across the insurance, banking and securities sectors. It considers whether regulatory approaches to POS disclosure need to be further aligned across sectors and sets out eight recommendations, directed mainly to policymakers and supervisors, to assist them in considering, developing or modifying their POS disclosure regulations. An earlier version of this report was issued for consultation in August 2013. The Joint Forum wishes to thank those who provided feedback and comments as these were instrumental in revising and finalising the report and its recommendations. The changes made to the consultation document are explained in a feedback statement annexed to the final report. Point of Sale disclosure in the insurance, banking and securities sectors - final report 2014-04-30T09:00:00Z BIS consumer protection collective investment cross-sectoral collective investment scheme PDF version http://www.bis.org/publ/joint35.pdf April 2014 Bank for International Settlements: BCBS Publications 35 http://www.bis.org/publ/joint34.htm Abstract of "Longevity risk transfer market: market structure, growth drivers and impediments, and potential risks", December 2013 Longevity risk transfer markets: market structure, growth drivers and impediments, and potential risks 2013-12-20T10:29:00Z Ageing populations pose serious social policy and regulatory/supervisory challenges in many countries. Longevity risk - the risk of paying out on pensions and annuities for longer than anticipated - is significant when measured from a financial perspective. Longevity risk transfer markets: market structure, growth drivers and impediments, and potential risks is a forward-looking report released by the Joint Forum on longevity risk transfer (LRT) markets. It makes the following recommendations to policymakers and supervisors: ... Longevity risk transfer markets: market structure, growth drivers and impediments, and potential risks 2013-12-20T10:29:00Z BIS insurance pension funds buy-out longevity swaps buy-in PDF version http://www.bis.org/publ/joint34.pdf December 2013 Bank for International Settlements: BCBS Publications 34 http://www.bis.org/publ/joint33.htm Full text of "Mortgage insurance: market structure, underwriting cycle and policy implications" - Final document released by the Joint Forum, August 2013. Mortgage insurance: market structure, underwriting cycle and policy implications - final document 2013-08-20T10:00:00Z This report on "Mortgage insurance: market structure, underwriting cycle and policy implications" examines the interaction of mortgage insurers with mortgage originators and underwriters. The makes the following set of recommendations directed at policymakers and supervisors which aim at reducing the likelihood of mortgage insurance stress and failure in such tail events. Mortgage insurance: market structure, underwriting cycle and policy implications - final document 2013-08-20T10:00:00Z BIS cycles mortgage originators incentives arbitrage underwriting PDF version http://www.bis.org/publ/joint33.pdf August 2013 Bank for International Settlements: BCBS Publications 33 http://www.bis.org/publ/joint32.htm Abstract of "Point of Sale disclosure in the insurance, banking and securities sectors", August 2013 Point of Sale disclosure in the insurance, banking and securities sectors identifies and assesses differences and gaps in regulatory approaches to point of sale (POS) disclosure for investment and savings products across the insurance, banking and securities sectors. The report considers whether regulatory approaches to POS disclosure need to be further aligned across sectors, and it makes a number of recommendations ... Point of Sale disclosure in the insurance, banking and securities sectors - consultative report 2013-08-15T13:46:00Z Point of Sale disclosure in the insurance, banking and securities sectors identifies and assesses differences and gaps in regulatory approaches to point of sale (POS) disclosure for investment and savings products across the insurance, banking and securities sectors. The report considers whether regulatory approaches to POS disclosure need to be further aligned across sectors, and it makes a number of recommendations ... Point of Sale disclosure in the insurance, banking and securities sectors - consultative report 2013-08-15T13:46:00Z BIS consumer protection collective investment PDF version http://www.bis.org/publ/joint32.pdf August 2013 Bank for International Settlements: BCBS Publications 32 http://www.bis.org/publ/joint31.htm Abstract of "Longevity risk transfer markets: market structure, growth drivers and impediments, and potential risks", August 2013 The ageing population phenomenon being observed in many countries poses serious social policy challenges. Longevity risk - the risk of paying out on pensions and annuities longer than anticipated - is significant when measured from a financial perspective. Longevity risk transfer markets: market structure, growth drivers and impediments, and potential risks is a forward-looking report released by the Joint Forum on longevity risk transfer (LRT) markets. It makes the following recommendations ... Longevity risk transfer markets: market structure, growth drivers and impediments, and potential risks - consultative report 2013-08-15T13:17:00Z The ageing population phenomenon being observed in many countries poses serious social policy challenges. Longevity risk - the risk of paying out on pensions and annuities longer than anticipated - is significant when measured from a financial perspective. Longevity risk transfer markets: market structure, growth drivers and impediments, and potential risks is a forward-looking report released by the Joint Forum on longevity risk transfer (LRT) markets. It makes the following recommendations ... Longevity risk transfer markets: market structure, growth drivers and impediments, and potential risks - consultative report 2013-08-15T13:17:00Z BIS insurance arbitrage pension underwriting PDF version http://www.bis.org/publ/joint31.pdf August 2013 Bank for International Settlements: BCBS Publications 31 http://www.bis.org/publ/joint30.htm Summary of Mortgage insurance: market structure, underwriting cycle and policy implications - Consultative paper released by the Joint Forum, February 2013. Mortgage insurance: market structure, underwriting cycle and policy implications - Consultative paper released by the Joint Forum 2013-02-11T07:46:00Z This consultative report on Mortgage insurance: market structure, underwriting cycle and policy implications examines the interaction of mortgage insurers with mortgage originators and underwriters. The report sets out the following recommendations directed at policymakers and supervisors with the aim of reducing the likelihood of mortgage insurance stress and failure in such tail events. Mortgage insurance: market structure, underwriting cycle and policy implications - Consultative paper released by the Joint Forum 2013-02-11T07:46:00Z BIS insurance regulation supervision cycles mortgages mortgage originators incentives arbitrage PDF version http://www.bis.org/publ/joint30.pdf February 2013 Bank for International Settlements: BCBS Publications 30 http://www.bis.org/publ/joint29.htm Summary of Principles for the supervision of financial conglomerates - Final report released by the Joint Forum, September 2012. Principles for the supervision of financial conglomerates - final report 2012-09-24T07:55:00Z The Joint Forum's final report on Principles for the Supervision of Financial Conglomerates provides a set of principles which supersedes the compendium of principles on this topic developed in 1999 and published in 2001 by the Joint Forum ('the 1999 Principles'). Principles for the supervision of financial conglomerates - final report 2012-09-24T07:55:00Z BIS risk management financial conglomerates capital adequacy liquidity regulation supervision principles group-wide supervision supervisory coordination supervisory power governance conglomerate PDF version http://www.bis.org/publ/joint29.pdf September 2012 Bank for International Settlements: BCBS Publications 29 http://www.bis.org/publ/joint28.htm Joint Forum report on intra-group support measures, February 2012 Report on intra-group support measures 2012-02-15T08:27:00Z The objective of this report is to assist national supervisors in gaining a better understanding of the use of intra-group support measures in times of stress or unexpected loss by financial groups across the banking, insurance and securities sectors. The report provides an important overview of intra-group support measures used in practice at a time when authorities are increasingly focused on ways to ensure banks and other financial entities can be wound down in an orderly manner during periods of distress. Report on intra-group support measures 2012-02-15T08:27:00Z BIS intra-group support intra-group transactions capital management liquidity management PDF version http://www.bis.org/publ/joint28.pdf February 2012 Bank for International Settlements: BCBS Publications http://www.bis.org/publ/joint27.htm Abstract of Joint Forum publication "Principles for the supervision of financial conglomerates - consultative document", December 2011. Principles for the supervision of financial conglomerates - consultative document 2011-12-19T11:00:00Z Principles for the supervision of financial conglomerates - consultative document 2011-12-19T11:00:00Z BIS capital adequacy liquidity corporate governance group-wide supervision supervisory coordination supervisory power authority responsibility PDF version http://www.bis.org/publ/joint27.pdf December 2011 Bank for International Settlements: BCBS Publications http://www.bis.org/publ/joint26.htm Abstract of Joint Forum publication "Report on asset securitisation incentives", July 2011. Report on asset securitisation incentives 2011-07-13T09:00:00Z Report on asset securitisation incentives 2011-07-13T09:00:00Z BIS securitisation disclosure compensation conflict of interest incentives PDF version http://www.bis.org/publ/joint26.pdf July 2011 Bank for International Settlements: BCBS Publications http://www.bis.org/publ/joint25.htm Abstract of Joint Forum publication 'Developments in Modelling Risk Aggregation', October 2010. Developments in Modelling Risk Aggregation 2010-10-21T08:55:00Z Developments in Modelling Risk Aggregation 2010-10-21T08:55:00Z BIS credit risk modelling Credit risk models financial regulation modelling market risk PDF version http://www.bis.org/publ/joint25.pdf October 2010 Bank for International Settlements: BCBS Publications http://www.bis.org/publ/joint24.htm Abstract of Joint Forum publication 'Review of the Differentiated Nature and Scope of Financial Regulation', January 2010. Review of the Differentiated Nature and Scope of Financial Regulation - Key Issues and Recommendations 2010-01-08T10:00:00Z Review of the Differentiated Nature and Scope of Financial Regulation - Key Issues and Recommendations 2010-01-08T10:00:00Z BIS credit risk transfer core principles systemic risk credit default swaps hedge funds G20 scope of regulation regulatory differences unregulated entities unregulated activities mortgage origination financial guarantee insurance PDF version http://www.bis.org/publ/joint24.pdf January 2010 Bank for International Settlements: BCBS Publications http://www.bis.org/publ/joint23.htm Abstract of Joint Forum publication 'Report on Special Purpose Entities', September 2009. Report on Special Purpose Entities 2009-09-29T08:00:00Z Report on Special Purpose Entities 2009-09-29T08:00:00Z BIS SPE PDF version http://www.bis.org/publ/joint23.pdf September 2009 Bank for International Settlements: BCBS Publications http://www.bis.org/publ/joint22.htm Abstract of Joint Forum publication 'Stocktaking on the use of credit ratings', June 2009. Stocktaking on the use of credit ratings 2009-06-15T09:09:00Z Stocktaking on the use of credit ratings 2009-06-15T09:09:00Z BIS regulation credit rating agencies external credit assessment institutions (ECAIs) nationally recognised statistical rating organisations (NRSROs) regulatory capital, disclosure PDF version http://www.bis.org/publ/joint22.pdf June 2009 Bank for International Settlements: BCBS Publications