000755941 000__ 06242cam\a2200541Ii\4500
000755941 001__ 755941
000755941 005__ 20230306141821.0
000755941 006__ m\\\\\o\\d\\\\\\\\
000755941 007__ cr\cn\nnnunnun
000755941 008__ 160617s2016\\\\sz\\\\\\ob\\\\000\0\eng\d
000755941 019__ $$a951937014$$a952247436
000755941 020__ $$a9783319307077$$q(electronic book)
000755941 020__ $$a331930707X$$q(electronic book)
000755941 020__ $$z9783319307060
000755941 035__ $$aSP(OCoLC)ocn951809512
000755941 035__ $$aSP(OCoLC)951809512$$z(OCoLC)951937014$$z(OCoLC)952247436
000755941 040__ $$aN$T$$beng$$erda$$epn$$cN$T$$dIDEBK$$dN$T$$dEBLCP$$dAZU$$dYDXCP$$dCN3GA$$dOCLCF$$dCOO$$dOCLCO
000755941 043__ $$ae------
000755941 049__ $$aISEA
000755941 050_4 $$aKJE2188
000755941 08204 $$a346/.4082$$223
000755941 1001_ $$aErdélyi, Olivia Johanna,$$eauthor.
000755941 24510 $$aTwin peaks for Europe, state-of-the-art financial supervisory consolidation$$h[electronic resource] :$$brethinking the group support regime under Solvency II /$$cOlivia Johanna Erdélyi.
000755941 264_1 $$aSwitzerland :$$bSpringer,$$c[2016]
000755941 300__ $$a1 online resource (xvii, 262 pages) :$$billustrations.
000755941 336__ $$atext$$btxt$$2rdacontent
000755941 337__ $$acomputer$$bc$$2rdamedia
000755941 338__ $$aonline resource$$bcr$$2rdacarrier
000755941 502__ $$aThesis (doctoral) - Heinrich-Heine-Universität, Düsseldorf, 2015.
000755941 504__ $$aIncludes bibliographical references.
000755941 5050_ $$aAcknowledgments; Contents; Abbreviations; List of Figures; List of Tables; 1 Introduction; References; Other Sources; 2 Milestones of European Insurance Regulation; 2.1 Three Generations of Insurance Directives; 2.1.1 First Generation Insurance Directives; 2.1.2 Second Generation Insurance Directives; 2.1.3 Third Generation Insurance Directives; 2.2 Solvency I; 2.2.1 The Main Features of Solvency I; 2.2.2 Shortcomings of Solvency I; 2.2.3 Need for Modernization; 2.3 Solvency II; 2.3.1 Principal Stakeholders in the Solvency II Process; 2.3.2 The Phases of the Solvency II Process
000755941 5058_ $$aLearning PhaseFramework Directive Phase; Implementing Phase; Enforcement Phase; 2.4 Legal Basis and Structure of the Solvency II Directive; 2.4.1 Pillar 1; 2.4.2 Pillar 2; 2.4.3 Pillar 3; 2.4.4 Roof; References; Case Law; Legislation; Other Sources; 3 European Financial Services Legislation; 3.1 Background; 3.2 The Pre-Lisbon Lamfalussy Framework; 3.2.1 Level 1: Framework Principles; 3.2.2 Level 2: Implementing Measures; 3.2.3 Level 3: Uniform Implementation; 3.2.4 Level 4: Enforcement; 3.2.5 Review of the Lamfalussy Process; 3.3 Changes Brought by the Lisbon Treaty
000755941 5058_ $$a3.3.1 Co-Decision Procedure Becomes Ordinary Legislative Procedure3.3.2 Comitology Reform; New Legal Framework for Delegation of Powers; 3.4 The de Larosière Reform; 3.4.1 Flaws in the European Financial Supervisory Framework; 3.4.2 The European System of Financial Supervision; The European Systemic Risk Board; The European Supervisory Authorities; 3.5 The Post-Lisbon Lamfalussy Framework; 3.5.1 Level 1: Framework Legislative Acts; 3.5.2 Level 2: Non-Legislative Acts; 3.5.3 Level 3: Uniform Implementation; 3.5.4 Level 4: Enforcement; References; Case Law; Legislation; Other Sources
000755941 5058_ $$a4 Insurance Groups and Their Supervision4.1 Characteristics of Insurance Groups; 4.1.1 Definition; 4.1.2 Organizational Forms; Centralized Model; Decentralized Model; 4.2 Group Supervision Under the Insurance Groups Directive; 4.3 Group Supervision Under Solvency II; 4.3.1 Pillar 1 Requirements; Valuation of Assets and Liabilities; Technical Provisions; Own Funds; Solo Solvency Capital Requirement; Minimum Capital Requirement; Investment Rules; Diversification; Group Solvency Capital Requirement; Risk Concentration and Intra-Group Transactions; 4.3.2 Pillar 2 Requirements
000755941 5058_ $$aSupervisory Authorities and General RulesResponsibility of the Administrative, Management or Supervisory Body; System of Governance; Measures to Facilitate Group Supervision; 4.3.3 Pillar 3 Requirements; References; Legislation; Other Sources; 5 The Group Support Regime; 5.1 Background; 5.2 Introduction of the Rules; 5.3 The Group Support Regime's Operation in Practice; 5.3.1 Scenario 1: Breach of One Solo SCR; Case 1: Group Not Regulated Under the GSR; Case 2: Group Regulated Under the GSR; 5.3.2 Scenario 2: Breach of One Solo MCR; Case 1: Group Not Regulated Under the GSR
000755941 506__ $$aAccess limited to authorized users.
000755941 520__ $$aThe book addresses the truly interdisciplinary and highly controversial subject of international financial regulation and supervision, which has been at the center of academic, political, and public attention since the start of the current economic and financial crisis. Drawing on international financial regulatory and supervisory experience and in line with the European Monetary Union’s gradual transformation into a Genuine Economic and Monetary Union, it proposes the transformation of the European financial supervisory framework into a hybrid twin-peaks model to create the previously missing necessary legal foundation for the adoption of the so-called Group Support Regime (GSR). The latter is a relatively simple and transparent capital management tool for (re)insurance groups operating in a parent-subsidiary structure proposed by the European Commission under the new Solvency II insurance supervisory framework, which despite lengthy consideration was eventually rejected by Member States.
000755941 588__ $$aOnline resource; title from PDF title page (viewed August 23, 2016).
000755941 650_0 $$aFinancial services industry$$xLaw and legislation$$zEuropean Union countries.
000755941 650_0 $$aFinancial institutions$$xLaw and legislation$$zEuropean Union countries.
000755941 650_0 $$aFinancial services industry$$xState supervision$$zEuropean Union countries.
000755941 650_0 $$aFinancial institutions$$xState supervision$$zEuropean Union countries.
000755941 650_0 $$aGlobal Financial Crisis, 2008-2009.
000755941 77608 $$iPrint version:$$aErdélyi, Olivia Johanna$$tTwin Peaks for Europe: State-of-the-Art Financial Supervisory Consolidation$$dCham : Springer International Publishing,c2016$$z9783319307060
000755941 852__ $$bebk
000755941 85640 $$3SpringerLink$$uhttps://univsouthin.idm.oclc.org/login?url=http://link.springer.com/10.1007/978-3-319-30707-7$$zOnline Access$$91397441.1
000755941 909CO $$ooai:library.usi.edu:755941$$pGLOBAL_SET
000755941 980__ $$aEBOOK
000755941 980__ $$aBIB
000755941 982__ $$aEbook
000755941 983__ $$aOnline
000755941 994__ $$a92$$bISE