Mag
01
2020
FinTech as an Essential Service In these times of unprecedented pandemic led economic uncertainty, there is a sector almost as vital as the healthcare system, which is “silently” sustaining the global quarantined economy, FinTech. As people and companies progressively shut ...more »
La riforma del LIBOR e la rivoluzione dei nuovi tassi benchmark. Origine e Linee guida.
a cura di Michele Bonollo
Posted in: Articolo
Apr
11
2020
A partire dai noti problemi di manipolazione dei tassi LIBOR, su spinta del Financial Stability Board è stata condotta a livello internazionale una ampia riforma per la messa a punto di nuovi tassi benchmark. In questo lavoro primo di una ...more »
Tagged width: Bonollo Michele, capital markets
Apr
02
2020
COVID-19 is the acronym for “coronavirus disease 2019”, an infectious respiratory disease, whose rapid outbreak made the World Health Organization (WHO) declaring it to be a global pandemic last 11th March 2020. The diagnosis is confirmed by a test and ...more »
Tagged width: Dell'Acqua Silvia, insurance
Comments on the Consultation paper by EIOPA on the revision of Solvency II
a cura di Emilio Barucci e Daniele Marazzina
Posted in: Articolo
Mar
13
2020
Under the regulation in force, in the Solvency II balance sheet the liabilities are valued at market level. The Best Estimate of liabilities is calculated by discounting future cash-flows using the risk free rate. On top of the risk free ...more »
Come prevedere le recessioni con la curva dei rendimenti
a cura di Cosimo Zangari e Giancarlo Settesoldi
Posted in: Articolo
Mar
06
2020
“Pioggia d’estate e freddo in primavera con le stagioni impazzite. Annata caratterizzata da una forte eterogeneità. In entrambi i casi la produzione è stata completamente scombussolata.” Se il 2019 dei titoli di Stato fosse un’annata vinicola, probabilmente potrebbe essere descritto così. ...more »
Tagged width: capital markets
Feb
28
2020
EIOPA has recently (29.01.2020) published the risk dashboard (RDB) update at January 2020. The RDB is published on a quarterly basis, showing the level of risk for 8 (=7+1) risk categories. The latest outcome is reported in the table below, ...more »
Tagged width: Dell'Acqua Silvia, eiopa, insurance
Fintech and financial inclusion: if gold glitters too much, it’s not real gold
a cura di Emilio Girino
Posted in: Articolo
Feb
22
2020
In the last six months I had to professionally deal with (and reject) a couple of cases. Potential customers wanted to build cryptocurrency-like systems disconnected from a least compliance with the regulatory reality. The belief that Internet can legitimize any ...more »
Tagged width: fintech, Girino Emilio
Political risks: the “red shift” in debt sustainability analysis
a cura di A. Consiglio e S.A. Zenios
Posted in: Articolo
Feb
14
2020
(This is a slightly revised version of a blog posted at Bruegel on January 22, 2020, https://bruegel.org/2020/01/incorporating-political-risks-into-debt-sustainability-analysis/ ) Political stability and economic policy uncertainty can be key determinants of sovereign debt dynamics, and we show how they can be incorporated ...more »
Tagged width: capital markets, Consiglio Andrea
La lunga ricerca della quantificazione dei rischi e dualità tra modelli interni e modelli standard. Sintesi e riflessioni
a cura di Michele Bonollo
Posted in: Articolo
Feb
07
2020
ABSTRACT: Anche se le funzioni di risk management nelle banche e la normativa di riferimento sono in una fase che possiamo definire matura del loro sviluppo, non si può affermare che questo ambito sia cristallizzato e risolto in modo del ...more »
Tagged width: banking, Bonollo Michele, capital markets
Feb
01
2020
Last 11 February 2019 the European Commission (EC) asked the European Insurance and Occupational Pension Authority (EIOPA) for a call for advice on the 2020 review of SII. As a response to that, EIOPA launched a public Consultation Paper (CP) ...more »
Tagged width: Dell'Acqua Silvia, eiopa, insurance
