Interconnectivities and regulatory impact [18]

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Bullet points include: Investment / savings products, e.g.: Investment bonds Term deposits offered by banks and term-certain annuities offered by insurers Protection products Investment guarantees and options written by investment banks versus variable annuities written by insurers Trade finance offered by banks and surety bonds offered by nonlife insurers Both may buy or write CDS And both may be subsidiaries of each other or of holding companies spanning both sectors

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