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Solvency II : treatment of sovereign debt in internal models

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<titleInfo>
<title>Solvency II</title>
<subTitle>: treatment of sovereign debt in internal models</subTitle>
</titleInfo>
<name type="corporate" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20150011435">
<namePart>United Kingdom</namePart>
<namePart>Prudential Regulation Authority</namePart>
<nameIdentifier>MAPA20150011435</nameIdentifier>
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<issuance>monographic</issuance>
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<placeTerm type="text">London</placeTerm>
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<publisher>Prudential Regulation Authoritory</publisher>
<dateIssued>2015</dateIssued>
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<languageTerm type="code" authority="iso639-2b">eng</languageTerm>
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<abstract displayLabel="Summary">The purpose of this statement is to ensure that firms using an internal model take into account material risks associated with sovereign debt. It is intended to support compliance with Solvency II regulations, thereby achieving the benefits of policyholder protection  envisaged by the Directive. Some firms may need to hold additional capital as a result, although the PRA would not regard them as incremental to those costs of complying with Solvency II</abstract>
<note type="statement of responsibility">Bank of England, Prudential Regulation Authoritory</note>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080564254">
<topic>Solvencia II</topic>
</subject>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20110010638">
<topic>Deuda soberana</topic>
</subject>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20140006335">
<topic>Compliance</topic>
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<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080584344">
<topic>Control de riesgos</topic>
</subject>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080602741">
<topic>Normativa comunitaria</topic>
</subject>
<subject xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20190001342">
<topic>Administración de la empresa de seguros</topic>
</subject>
<subject authority="lcshac" xmlns:xlink="http://www.w3.org/1999/xlink" xlink:href="MAPA20080638290">
<geographic>Reino Unido</geographic>
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<classification authority="">214</classification>
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<titleInfo>
<title>Consultation Paper</title>
<partNumber>CP14-15</partNumber>
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<recordChangeDate encoding="iso8601">20150528144335.0</recordChangeDate>
<recordIdentifier source="MAP">MAP20150019974</recordIdentifier>
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