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The speech considered the use of models under the Solvency II Directive, the merits of the CRD IV Directive bonus caps for bankers and reforms to the governance of banks and insurers.
On October 16, the Bank of England
(BoE) published a speech given by Andrew Bailey,
BoE Deputy Governor, Prudential Regulation and Chief Executive
Officer, Prudential Regulation Authority, that considered, among
other things, the use of models under the Solvency II Directive,
the merits of the CRD IV Directive bonus caps for bankers and
reforms to the governance of banks and insurers. Speech.
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