Berlin 2015 – scientific programme

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SOE: Fachverband Physik sozio-ökonomischer Systeme

SOE 4: Financial Markets and Risk Management

SOE 4.5: Talk

Monday, March 16, 2015, 11:45–12:00, MA 001

Solcency II directive and stability of financial markets — •Daniil Osipov and Zere Toleuberdi — KBTU, Almaty, Kazakhstan

We propose a model of financial instability based on the Lotka-Volterra equations with specific attention given to the international regulatory accords (Basel II, Basel III for banks, and Solvency II Directive for insurance companies). The model describes the relationship between industry and financial sector, and it helps to understand and to measure the counter-cyclicality effect of Solvency II regulation.