UK regulator continues to raise concerns that current market practices could lead to systemic risk.
The Prudential Regulation Authority (PRA) has issued another communication, the latest of a series related to...more
6/21/2023
/ Annuities ,
Capital Requirements ,
Counterparty Risk ,
Financial Solvency ,
Life Insurance ,
Market Participants ,
Pension Funds ,
Prudential Regulation Authority (PRA) ,
Reinsurance ,
Risk Assessment ,
UK
In a July 2020 speech on climate action in the financial industry, Sarah Breeden, executive director for UK Deposit Takers Supervision, said the industry is “at the start of a critical decade for climate action where the...more