Kingdom of the Netherlands-Netherlands Publication of Financial Sector Assessment Program Documentation: Detailed Assessment of Observance on Insurance Core Principles

Significant legislative changes and regulatory developments have taken place in the Netherland’s insurance sector. The initial Financial Sector Assessment Program (FSAP) and the current assessment are benchmarked against the Insurance Core Principles (ICPs) issued in 2003. Progress has been made in...

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Bibliographic Details
Corporate Author: International Monetary Fund
Format: eBook
Language:English
Published: Washington, D.C. International Monetary Fund 2011
Series:IMF Staff Country Reports
Subjects:
Online Access:
Collection: International Monetary Fund - Collection details see MPG.ReNa
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245 0 0 |a Kingdom of the Netherlands-Netherlands  |b Publication of Financial Sector Assessment Program Documentation: Detailed Assessment of Observance on Insurance Core Principles 
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300 |a 55 pages 
651 4 |a Netherlands, The 
653 |a Finance 
653 |a Public finance & taxation 
653 |a Pension Funds 
653 |a Actuarial Studies 
653 |a Financial sector policy and analysis 
653 |a Financial services industry 
653 |a Finance: General 
653 |a Solvency 
653 |a Bankruptcy 
653 |a Insurance 
653 |a Liquidation 
653 |a Financial institutions 
653 |a Insurance Companies 
653 |a Taxation, Subsidies, and Revenue: General 
653 |a Institutional Investors 
653 |a Revenue administration 
653 |a Financial conglomerates 
653 |a Financial Institutions and Services: General 
653 |a Industries: Financial Services 
653 |a Financial Instruments 
653 |a Debt 
653 |a Non-bank Financial Institutions 
653 |a Revenue 
653 |a Legal support in revenue administration 
653 |a Insurance companies 
653 |a Public Finance 
653 |a Insurance & actuarial studies 
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520 |a Significant legislative changes and regulatory developments have taken place in the Netherland’s insurance sector. The initial Financial Sector Assessment Program (FSAP) and the current assessment are benchmarked against the Insurance Core Principles (ICPs) issued in 2003. Progress has been made in addressing the recommendations arising from the assessment. The Financial Institutions Risk Analysis Method (FIRM) and the introduction of macroprudential supervision have strengthened The NetherlandsCentral bank's (DNB) risk-based supervision and market analysis. The updated regulatory framework has a high level of observance and the government has strengthened macro-prudential supervision to complement the traditional supervision approach