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).
An overview of responses to the November 2020 consultation.
FSB holds virtual meeting of the Regional Consultative Group for Sub-Saharan Africa.
2 June 2021
Update to the Global Transition Roadmap in light of announcements made confirming LIBOR cessation dates and associated proposals by authorities and national working groups.
Report considers the use of forward-looking risk-free rate term rates as alternatives to overnight risk-free rates.
FSB statement on the use of the ISDA spread adjustments in cash products.
This statement encourages authorities to ensure that regulated entities align their use of new LIBOR contracts with the relevant timelines for the respective currency, regardless of where the trades are booked.
Statements and documents set out recommendations for stakeholders to consider when transitioning away from LIBOR.
31 May 2021
Public consultation on the FSB’s targets for addressing the four challenges of cross-border payments.
31 May 2021
The proposed targets set goals for addressing the challenges of cost, speed, transparency and access faced by cross-border payments.