BRUSSELS – End-2012 remains the challenging target date for implementing Europe’s radical Solvency II regime for improving the safety of insurers, despite earlier fears the timetable would slip into early 2013, according to European Commission sources.

A major aim of the Group of 20 summit – a single set of global accounting rules – remains under threat as politicians continue to press for changes in the fair value approach by David Keefe

Debate over US insurance oversight is being transformed by global crisis. Support grows for systemic risk regulator

Insurance has, on the whole, withstood the financial crisis, but there are lessons to be learned as Solvency II nears completion, say two of the industry’s top risk officers, Raj Singh of Swiss Re and Axel Lehmann of Zurich Financial Services

WASHINGTON, May 12 (Global Risk Regulator) – US central bank chief Ben Bernanke said the stress tests undergone by 19 leading banks “will improve the toolkit” available to regulators to help ensure the soundness not only of individual banks, but also of the financial system more broadly.

WASHINGTON, May 7 (Global Risk Regulator) – Many aspects of the US government’s “stress test” exercise for key banks can undoubtedly be used to improve banking supervision in the future, America’s central bank chief said today.

WASHINGTON, May 6 (Global Risk Regulator) – Top US federal banking regulator Sheila Bair says a strong case can be made for creating incentives that reduce the size and complexity of financial institutions.

BRUSSELS, May 5 (Global Risk Regulator) – Europe’s Solvency II reform of insurance regulation took another step on the road to implementation today as European Union finance ministers, as expected, formally approved the new safety rules on behalf of the EU’s 27 member states.

Brussels, 4 May 2009 – Europe is set for a major row over hedge fund regulation as the socialist bloc in the European Parliament pledge to fight what they regard as “practically worthless” proposals. The socialist bloc is widely expected to be boosted by the EU-wide June elections for the Parliament.

BRUSSELS, April 29 (Global Risk Regulator) – As widely expected, the hedge fund industry hit back at European proposals issued today for a regulatory crackdown on the €2 trillion ($2.7 trillion) industry. The move forms part of European Union plans for restoring confidence in financial markets crippled by the global economic crisis.