Our exercise is published in the form of a CGFS Report, which can be found at the web-site of the Bank of International Settlements.1 I will first provide some background on the role of insurance companies and pension funds, then elaborate on the main changes concerning international accounting standards and the regulatory front, before presenting some views on potential financial system implications. 1.
Background on the role of insurance companies and pension funds  Insurance companies and pension funds (ICPFs) indeed currently find themselves at the intersection of major developments.