Interconnectivities and regulatory impact [17]

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Bullet points include: Insurers often pay less attention to Pillar 1 and more attention to Pillar 2 than banks Banks are currently often more capital constrained than insurers on a Pillar 1 basis Banks often enjoy liquidity underpins from their central bank Part of the deposit protection arrangements that have developed over the last century or so N.B. IMF Working Paper concentrates on Pillar 1 position (easier to analyse)

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