@article{755941,
      recid = {755941},
      author = {Erdélyi, Olivia Johanna,},
      title = {Twin peaks for Europe, state-of-the-art financial  supervisory consolidation rethinking the group support  regime under Solvency II / [electronic resource] :},
      pages = {1 online resource (xvii, 262 pages) :},
      abstract = {The book addresses the truly interdisciplinary and highly  controversial subject of international financial regulation  and supervision, which has been at the center of academic,  political, and public attention since the start of the  current economic and financial crisis. Drawing on  international financial regulatory and supervisory  experience and in line with the European Monetary Union’s  gradual transformation into a Genuine Economic and Monetary  Union, it proposes the transformation of the European  financial supervisory framework into a hybrid twin-peaks  model to create the previously missing necessary legal  foundation for the adoption of the so-called Group Support  Regime (GSR). The latter is a relatively simple and  transparent capital management tool for (re)insurance  groups operating in a parent-subsidiary structure proposed  by the European Commission under the new Solvency II  insurance supervisory framework, which despite lengthy  consideration was eventually rejected by Member States.},
      url = {http://library.usi.edu/record/755941},
}