‘A BRIEF GUIDE ON CREDIT INSURANCE’ – A MUST READ! by Silja Calac, ITFA Board Member and Chair of the Insurance Committee

Thursday, 13 February

If you haven’t done so already, I strongly recommend that ITFA members with any interest in, or link to, credit insurance take a look at the publication entitled ‘A brief guide on credit insurance as a risk mitigation tool when used by the banking industry’ authored by Matija Vodoplav from BNP Paribas. The guide provides […]

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ITFA REGULATORY UPDATE – Response to the European Commission consultation and collaboration with the IACPM on Non-Payment Insurance Survey 2019 by Silja Calac, ITFA Board Member and Chair of the Insurance Committee

Friday, 14 February

Response to the European Commission consultation As many of you will know, ITFA has been engaging in its own advocacy work on behalf of its members and the wider industry, and has been co-operating with Hume Brophy – a Brussels-based consultancy specialised in European public affairs – to ensure that policymakers and regulators are well-versed […]

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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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