The updated FATF Guidance for a risk-based approach to virtual assets and virtual asset service providers (VASPs) is intended to help countries and virtual asset service providers understand their anti-money laundering and counter-terrorist financing obligations, and effectively implement the FATF’s requirements as they apply to this sector.
Financial Regulation and Supervision
28 October 2021
11 October 2021
This report sets out proposals and considerations on how policy options could be selected and combined to address all the vulnerabilities arising from different types of money market funds (MMFs).
1 October 2021
The seven principles set out expectations for regulated entities that outsource tasks, along with guidance for implementation.
1 September 2021
The guidance measures propose guidance that member jurisdictions may consider adopting to address the conduct risks associated with the development, testing and deployment of AI and ML.
30 August 2021
This Application Paper on Macroprudential Supervision (“Paper') provides further guidance on the supervisory material related to macroprudential supervision in Insurance Core Principle (ICP) 24.
The framework seeks to help FMI intermediaries better understand which information clients and their resolution authorities may need from them.
20 August 2021
Updated questionnaire on continuity of access to financial market infrastructures (FMIs) for firms in resolution.
The Guidance aims to support countries, financial institutions, designated non-financial businesses and professions (DNFBPs) and virtual asset service providers (VASPs) to effectively implement FATF requirements on proliferation financing risk assessment and mitigation, introduced in October 2020.
23 June 2021
The Application Paper on Resolution Powers and Planning provides guidance for supervisors and resolution authorities in implementing a resolution framework, including setting up powers, as well as planning and issues around coordination and cooperation.
This Paper is part of a broader project to help insurance supervisors apply the new standards on recovery and resolution as agreed in the Common Framework for the supervision of Internationally Active Insurance Groups (ComFrame) and the Holistic Framework for the assessment and mitigation of systemic risk in the insurance sector. Recovery and resolution frameworks help reduce the likelihood of a disorderly failure of insurers, as well as the potential adverse impacts of such a failure on policyholders and/or financial stability. An earlier Paper on recovery planning was published in 2019.
The Application Paper on Supervision of Control Functions describes practices aimed at helping supervisors address issues related to the supervision of control functions as described in the Insurance Core Principles (ICPs) and the Common Framework for the Supervision of Internationally Active Insurance Groups (ComFrame). In particular, the Application Paper supports observance of ICP 8 (Risk Management and Control Functions) and is relevant to ICP 5 (Suitability of Persons) and ICP 7 (Corporate Governance).