What might the impacts, direct and indirect, be on the insurance sector of technological innovation and the digitalisation of financial services?
BIS Review 90/2001  1  enterprises through holding companies as well as through insurance companies, banks and pension funds. The tax-exempt status of corporate capital gains from the sale of participating interests, which will take effect from 2002, will have a positive impact.2 Corporate bonds are attractive to yield-oriented investors and can help brand-name enterprises raise large amounts of funds.