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Bermuda - An Ideal Location for International Business

Regulators tighten scrutiny on financial conglomerates

The country’s financial regulators have created an inter-agency, cross-sectoral “Supervisory College” to strengthen the government’s ability to scrutinize financial conglomerates and its impact – in case of collapse – on the entire financial system. The Financial Sector Forum (FSF), which includes

Insurance Comparative Guide - Insurance - Cayman Islands

Banking and finance regulatory news, April 2021 # 4 | Hogan Lovells

Reports on key recent regulatory developments focussing on banking and finance.  Contents COVID-19: PRA update on disclosure of exposures subject to COVID-19 response measures Prudential framework for non-systemic banks and building societies: PRA DP1/21 Higher paid material risk taker : PRA CP9/21 on correcting definition Remuneration benchmarking and remuneration high earners reporting templates: PRA statement BRRD: European Commission adopts Delegated Regulation on contractual recognition of stay powers CRR: EBA consults on draft ITS on supervisory reporting relating to additional liquidity monitoring metrics CRR: EBA consults on draft RTS specifying factors and conditions to be considered when assessing appropriateness of risk weights and minimum LGD values for mortgage exposures

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