ANALYSIS: INVESTIGATING THE NEW GUIDELINES FOR CRR-COMPLIANT NON-PAYMENT INSURANCE POLICIES by Shannon Manders, Editor – GTR

Monday, 1 July

Global Trade Finance Review – GTR – has released an article on how ITFA has reviewed the guidelines for banks using capital requirements regulation (CRR)-compliant non-payment insurance policies. The move follows significant market debate in the past year over the eligibility of insurance as a credit risk mitigant for CRR purposes. The drafting of the […]

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CAPITAL TREATMENT OF NON – PAYMENT INSURANCE – A SUCCESS STORY by ITFA Insurance Committee

Monday, 1 April

The Prudential Regulation Authority (PRA) has published a Policy Statement (PS 8/19) and updated Supervisory Statement (17/13 “Credit Risk Mitigation”, which will come into force on 13 September 2019) in relation to the use of different types of guarantees as unfunded credit risk mitigation (CRM) for the purposes of calculating capital requirements under the Capital […]

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