Archives - Financial Regulation and Supervision

• 23 November 2018 Recommendations for national supervisors: Reporting on the use of compensation tools to address potential misconduct risk

  These Recommendations complement the FSB’s Supplementary Guidance to the FSB Principles and Standards on Sound Compensation Practices by setting out the types of data that can support improved monitoring by supervisory authorities on the use of compensation tools to address misconduct risk in significant financial institutions.

  Content Type(s): Compendium Source(s): FSB Policy Area(s): Compensation, Financial Regulation and Supervision Topic(s): Prudential Supervision and Oversight, Risk Management

• 12 November 2018 Cyber Lexicon

  The lexicon comprises a set of approximately 50 core terms related to cyber security and cyber resilience in the financial sector.

  Content Type(s): Compendium Source(s): FSB Policy Area(s): Cyber Security, Financial Regulation and Supervision

• 9 November 2018 Insurance Core Principles, Standards, Guidance and Assessment Methodology

  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.

  Content Type(s): Compendium Source(s): IAIS Policy Area(s): Financial Regulation and Supervision Topic(s): Prudential Supervision and Oversight

• 8 November 2018 Application Paper on Supervision of Insurer Cybersecurity

  The Application Paper on Supervision of Insurer Cybersecurity provides further guidance to supervisors seeking to develop or enhance their approach to supervising the cyber risk, cybersecurity and cyber resilience in the insurance sector.

  Content Type(s): Compendium Source(s): IAIS Policy Area(s): Financial Regulation and Supervision

• 8 November 2018 Application Paper on the Composition and the Role of the Board

  The Application Paper on the Composition and the Role of the Board provides additional guidance on the practical interpretation and application of ICP 5 (Suitability of Persons) and ICP 7 (Corporate Governance), considering particular challenges for achieving effectiveness in supervision of the Board.

  Content Type(s): Compendium Source(s): IAIS Policy Area(s): Financial Regulation and Supervision

• 5 November 2018 FSB RCG for the MENA discusses SME financing, the use of SupTech and RegTech, and implementation of the Net Stable Funding Ratio

  FSB holds meeting of RCG for the Middle East and North Africa in Istanbul.

  Content Type(s): Meetings, Press, Press Releases Source(s): FSB, RCGs Policy Area(s): Financial Regulation and Supervision, FinTech, Vulnerabilities Assessments

• 5 November 2018 FSB RCG for Asia discusses management of capital flows, stress tests, cyber security, the use of FinTech to promote financial inclusion and access to trade finance

  FSB holds meeting of RCG for Asia in Sydney.

  Content Type(s): Meetings, Press, Press Releases Source(s): FSB, RCGs Policy Area(s): Cyber Security, Financial Regulation and Supervision, FinTech, Vulnerabilities Assessments

• 26 October 2018 Risk-based approach guidance for the securities sector

  This non-binding guidance aims to support the design and implementation of the risk-based approach for securities products and services, by providing specific guidance and examples for securities providers and their supervisors.

  Content Type(s): Compendium Source(s): FATF Policy Area(s): Financial Regulation and Supervision

• 25 October 2018 Risk-based Approach Guidance for the Life Insurance Sector

  This non-binding guidance aims to support the design and implementation of the risk-based approach for life insurance products and services, by providing specific guidance and examples for life insurance providers and their supervisors.

  Content Type(s): Compendium Source(s): FATF Policy Area(s): Financial Regulation and Supervision

• 17 October 2018 Stress testing principles

  These principles are the guidelines that focus on the core elements of stress testing frameworks.

  Content Type(s): Compendium Source(s): BCBS Policy Area(s): Financial Regulation and Supervision