FSB releases 2019 list of global systemically important banks.
Uncategorized
22 November 2019
19 November 2019
FSB calls on ISDA to insert a pre-cessation trigger alongside the cessation trigger in standard derivatives definition.
17 November 2019
FSB holds meeting of Regional Consultative Group for the Middle East and North Africa in Riyadh.
The IAIS has issued the Insurance Core Principles (ICPs) as the globally accepted framework for insurance supervision. The ICPs seek to encourage the maintenance of consistently high supervisory standards in IAIS member jurisdictions. A sound supervisory system is necessary for the protection of policyholders and promoting the stability of the financial system and should address the broad set of risks within, and posed by, the insurance sector.
14 November 2019
Report sets out progress on implementation of reforms to make financial institutions resolvable.
14 November 2019
Annual report on implementation of resolution reforms.
14 November 2019
FSB statement of support for the International Association of Insurance Supervisors’ insurance holistic framework.
14 November 2019
The finalised insurance holistic framework has been published by the International Association of Insurance Supervisors.
14 November 2019
FSB Chair Randal K. Quarles set out his support for the work of the International Association of Insurance Supervisors (IAIS) in a message to their annual conference in Abu Dhabi.
14 November 2019
In November 2019, the IAIS adopted the holistic framework for the assessment and mitigation of systemic risk in the insurance sector (“holistic framework'), for implementation from the beginning of 2020. The holistic framework is an integrated set of supervisory policy measures, a Global Monitoring Exercise, and implementation assessment activities.