As a supervisory response to the increasing globalisation in the insurance sector, combined with the key lessons learnt from the financial crisis, the IAIS is building the Common Framework for the Supervision of Internationally Active Insurance Groups (ComFrame).
This will foster cooperation among supervisors and close regulatory gaps. The International Association of Insurance Supervisors (IAIS) is addressing these issues as it seeks to improve the supervision of Internationally Active Insurance Groups (IAIGs). The
IAIS has made a significant move towards this by announcing the release, for comment, of a Concept Paper for ComFrame.
Comments to the
IAIS Secretariat on the Concept Paper are due by 31 August 2011
Full documents
© IAIS - International Association of Insurance Supervisors
Key
Hover over the blue highlighted
text to view the acronym meaning
Hover
over these icons for more information
Comments:
No Comments for this Article