Kyriba awards Zanders
  • Thursday, 23 June 2022

Kyriba awards Zanders

Due to a successful partnership in several projects, treasury software provider Kyriba awarded Zanders ‘European Partner of 2021’. Heather Vertin, Kyriba VP of Global Partnerships & Alliances, explained: “Zanders has worked with Kyriba for several years and has been an official partner since 2018. They are without doubt one of our most strategic partners in […]

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Sony Group Corporation wins an Adam Smith Award
  • Thursday, 9 June 2022

Sony Group Corporation wins an Adam Smith Award

We are very delighted that our client Sony Group Corporation has been awarded winner of an Adam Smith Award in the category of ‘Best Treasury Transformation project’. The winners’ announcements of the 2022 Adam Smith Awards took place on 12 May in London. On that date Hiroyuki Ishiguro, Gurmeet Jhita and Terry Vouvoudakis, on behalf […]

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ESRB on climate scenarios for EIOPA’s stress test
  • Monday, 23 May 2022

ESRB on climate scenarios for EIOPA’s stress test

The European Systemic Risk Board (ESRB) provided the narrative for this year’s pension funds stress test exercise conducted by EIOPA. The climate risk scenario was developed together with the European Central Bank and relies on an abrupt carbon price increase leading to high transition risk. The shocks are calibrated using the National Institute Global Econometric […]

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EIOPA consults on draft Guidelines on integrating customer’s sustainability preferences
  • Monday, 23 May 2022

EIOPA consults on draft Guidelines on integrating customer’s sustainability preferences

The European Insurance and Occupational Pension Authority (EIOPA) has launched a public consultation on draft Guidelines on integrating customer’s sustainability preferences in the suitability assessment under the Insurance Distribution Directive (IDD). With the Guidelines, EIOPA aims to: promote a coherent application of the Delegated Regulation; restrict potential mis-selling of insurance products with regard to sustainability […]

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EIOPA finalises revision of guidelines on contract boundaries and the valuation of technical provisions
  • Thursday, 19 May 2022

EIOPA finalises revision of guidelines on contract boundaries and the valuation of technical provisions

EIOPA has published two reports on the revision of the EIOPA Guidelines on contract boundaries and Guidelines on the valuation of technical provisions. Since 2019, EIOPA noticed divergent practices in the valuation of technical provisions and therefore felt the need to analyse and improve the consistency of the calculation method. To achieve this, a two […]

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