The CSRD directs the European Financial Reporting Advisory Group (EFRAG) to establish a reporting framework called the ESRS. In total, the 12 chapters of the ESRS contain over 80…
Actuarial modelling plays a pivotal role in the decision-making processes of insurance and reinsurance companies, encompassing functions such as pricing, reserving, capital projections and…
Explore this post (Halperin, 2020) dissecting the Black-Scholes model's flaw in assuming a perfect hedge. The article introduces a discrete model, sidestepping continuous rebalancing, and employs…
"Explore the Basel Committee's latest public consultation on recalibrating shocks for interest rate risk in the banking book. Learn how recent banking turmoil has spurred a revaluation of global…
This is an extensive overview of most of the major changes to Basel II since its original publication. It focuses particularly on the changes brought about by the December 2017 release, especially on…
This Expert input gives a basic overview of IFRS 17 and how it is going to be different from the current standards (IFRS 4). We note that there are some similarities between some of the aspects of…
