nam a22 4500 53001906X 20181024071149.0 cr unu---uuuuu 181024s2012 xx s 000 0 ger 10.1057/gpp.2012.3 doi (ALEXREPO)oai:www.alexandria.unisg.ch:255440 Gatzert Nadine A Comparative Assessment of Basel II III and Solvency II [Elektronische Daten] [Nadine Gatzert, Hananh Wesker] In the course of creating a single European market for financial services and in the wake of two financial crises, regulatory frameworks in the financial services industry in the European Union have undergone significant change. One of the major reforms has been the transition from static rules-based systems towards principles-based regulation with the intent to better capture the risk situation of an undertaking. For insurance companies, the regulatory framework Solvency II is being finalised and is scheduled for implementation after 2013. At the same time, the regulatory regime for banking, Basel II, has been revised in response to the financial crisis; the new version is Basel III. The aim of this paper is to conduct a comprehensive and structured comparative assessment of Basel II/III and Solvency II in order to detect similarities and differences as well as the benefits and drawbacks of both regimes, which might be profitably addressed. The comparison is conducted against the background of the industries' characteristics and the objectives of regulation. business studies alexrepo Wesker Hananh joint author https://www.alexandria.unisg.ch/255440/1/A%20Comparative%20Assessment%20of%20Basel%20II%20III%20and%20Solvency%20II.pdf text/html WWW-Backlink auf das Repository 1 Journal paper alexrepo NonPeerReviewed alexrepo peerstatus ALEXREPO 856 40 https://www.alexandria.unisg.ch/255440/1/A%20Comparative%20Assessment%20of%20Basel%20II%20III%20and%20Solvency%20II.pdf text/html WWW-Backlink auf das Repository ALEXREPO 100 1- Gatzert Nadine ALEXREPO 700 1- Wesker Hananh joint author ALEXREPO 773 0- BK010053 XK010053 XK010000 ALEXREPO ALEXREPO ALEXREPO Journal paper