A Cross-Sectoral Analysis of Micro-Prudential Regulation

In this Chapter we explore the hypothesis whether micro-prudential regulation for banks, insurers and other financial institutions could be harmonised towards a cross-sectoral framework. The conclusions we drawn are that there may be some room to harmonise certain parts of the micro-prudential regulation of these financial institutions, but that generally, the conceptual frameworks of Solvency and Liquidity supervision deviate significantly preventing the full harmonisation.