IAIS extends comment period for the application paper on group corporate governance

23 March 2017

Following requests made by stakeholders during the IAIS public background session held on 20 March 2017, the deadline for submitting comments on the Application Paper on Group Corporate Governance has been extended from 3 April to 1 May 2017.

The deadline was extended because the content of the Application Paper relates to several elements of the ICP/ComFrame consultation package.

The International Association of Insurance Supervisors (IAIS) released the ICP/ComFrame package for public consultation simultaneously with the Application Paper but, unlike the Application Paper, the deadline for submitting comments is 1 June 2017.

The additional time will allow stakeholders to analyse the consultation materials in a more comprehensive way without adversely impacting the process for developing the Application Paper.

The deadline for the ICP and ComFrame-related material consultation package remains 1 June 2017.

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