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IORP II

IORP IIEuropean guidelines for Retirement Pension InstitutionsThe new IORP II Directive (Institutions for Occupational Retirement Provision) entered into force on 13 January 2017, but has only been applied since 13 January 2019, in order to allow time for Member...

OBA FINMA

OBA FINMAFollowing the FATF’s 4th assessment of Switzerland in 2016, after which the group concluded that the authorities had a good overall understanding of AML /CFT risks, it was nevertheless revealed that the Swiss financial system remains exposed to many...

CDB 20

CDB 20The Change from CDB 16 to CDB 20 in Swiss Financial LawIn order to prevent money laundering and the financing of terrorism, Switzerland, contrary to a well spread reputation, has strict regulations. Indeed, Switzerland was among the first countries to take...

Regulatory Default

New Definition of Regulatory Default Application of the new definition of Regulatory...

Data Quality program

Data Quality program4 key questions you should ask yourself before implementing a Data Quality...

Regulatory Default

New Definition of Regulatory Default Application of the new definition of Regulatory...

Data Quality program

Data Quality program4 key questions you should ask yourself before implementing a Data Quality...

Portugal’s insolent growth

Portugal’s insolent growth

Portugal’s insolent growthPortugal’s insolent growth is a slap in the face for the cult of austerity of Merkel and BrusselsThe Portuguese model does not owe its success to supply-side policies, but instead to demand-side policies. Brussels is embarrassed. For a long...

Ready… Steady… IDD!

Ready… Steady… IDD!

Ready… Steady… IDD!IDD will have an extensive impact on all insurance product distributers.Regulatory demands have impacted insurers heavily over the last decade, with Solvency II certainly being the most onerous of all measures. A certain “regulatory fatigue” is...

Basel III to Basel IV – What impact on banking business models?

Basel III to Basel IV – What impact on banking business models?

Basel III to Basel IV What impact on banking business models?Despite calmer financial markets and a less prevalent banking crisis, we have seen regulatory requirements tighten from 2016 to 2019. From Basel II to Basel III to Basel IV (term not recognised by regulators...

Chromatique N°2, January 2014

Chromatique N°2, January 2014

Chromatique N°2A look at Transformations in the Banking ModelThe resolution provision of the Banking Act, EMIR, the European Banking Union, AQR, and the French law on the separation and regulation of banking, etc. are all regulatory requirements that banks faced in...

Chromatique N°1, July 2014

Chromatique N°1, July 2014

Chromatique N°1Panorama of CIB ‘operating models’Teamwork and personal commitment, shared success and renewed motivation, confidence and excellence: these are the common denominators that characterize the men and women of Harwell Management. It is these values and...