Uncategorized

Higher Loss Absorbency requirements for Global Systemically Important Insurers (G-SIIs)

The HLA requirements adopted by the IAIS and endorsed by the FSB, will apply to G-SIIs from January 2019. The regulatory capital requirements for Global Systemically Important Insurers (G-SIIs) are expected to be higher than if a group has not been designated as a G-SII. The HLA requirements build on the foundation of the Basic Capital Requirement (BCR), so apply to all group activities and reflect major categories of risk.

IAIS Develops Higher Loss Absorbency (HLA) Requirement for Global Systemically Important Insurers

IAIS publishes HLA requirement for G-SIIs.

Guidance for a Risk-Based Approach: Effective Supervision and Enforcement by AML/CFT Supervisors of the Financial Sector and Law Enforcement

This Guidance describes the features of effective supervision by regulators and supervisors, and also clarifies the interplay with the role of law enforcement agencies.

Foreign Exchange Benchmarks: Report on progress in implementing the September 2014 recommendations

FSB report on progress implementing the 2014 recommendations on reforms to foreign exchange benchmarks.

FSB releases progress report on FX benchmark reforms

FSB reports on progress in meeting the 2014 recommendations on reforms to foreign exchange benchmarks.

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