German to English translations [PRO]
Bus/Financial - Insurance / risk management | | German term or phrase: die Kapitalunterlegung erfolgt | | Die Kapitalunterlegung erfolgt damit auf Basis des 1%-Shortfalls bei einem Zeithorizont von 1 Jahr und entspricht einem 100%-Bedeckungsgrad des Swiss Solvency Tests. |
| | | The (minimum) capital requirement was met (on the basis of ...) | Explanation:
See
http://www.oenb.at/de/img/auswirkungenbaselunternehmensfinan...
(and take a look at page 2).
This is to do with Basel II, solvency, capital adequacy and capital requirements - IOW with the requirement that banks/insurance companies have enough capital to secure loans/claims etc. and are always sufficiently solvent.
"Securitisation" is generally "Verbriefung". It's conceivable that it's used in this context but I don't think so. If SwissTell wants to try and back it up, I'll certainly consider what he has to say. "Kapitalhinterlegung" is by no means a Swiss term; it's standard; the fact that the Swiss Solvency Test is mentioned is coincidental. See below for a definition of "securitisation":
"Securitization
From Reuters Financial Glossary
Creation of financial instruments by combining other financial assets and then selling them to investors in the new form. Mortgages can be securitized, as can future royalties from a pop star's song portfolio. The new instruments can then be traded. "
from "http://glossary.reuters.com/index.php/Securitization"
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| Selected response from:
TonyTK
| Grading comment Thanks!
4 KudoZ points were awarded for this answer |
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Automatic update in 00:
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3 hrs confidence:   capital securitization (US) securitisation (UK) takes place
Explanation:
jaja, those Swiss banking expressions .....
|  SwissTell
Local time: 04:29
Native speaker of:  German
PRO pts in category: 59
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