Financial Regulation and Supervision

IAIS Multilateral Memorandum of Understanding on Cooperation and Information Exchange (IAIS MMoU)

The objective of the IAIS MMoU is to provide a tool for supervisors by establishing a formal basis for cooperation and information exchange between Signatory Authorities regarding the supervision of insurance companies where cross-border aspects arise.  This is inline with the IAIS' broader objective to encourage cooperation and information exchange amongst insurance supervisors.

The IRB Use Test: Background and Implementation

This document presents a number of principles that are intended to support banks and supervisors in interpreting the key use test provisions of the Basel II Framework.

High-Level Principles for Business Continuity

The document outlines business continuity principles that apply to industry participants and financial authorities.

Supervisory guidance on the use of the fair value option for financial instruments by banks

This document was issued to provide supervisors with guidance on the prudential supervision of banks' implementation of the fair value option.

Home-host information sharing for effective Basel II implementation

This document addresses the question of information sharing between home and host supervisors under the Basel II Capital Framework.

Compliance Function at Market Intermediaries

This document sets out principles with measures for implementation to assist market intermediaries to increase the effectiveness of their compliance function.

Anti-Money Laundering Guidance for Collective Investment Schemes

The document provides guidelines on how to apply global AMF/CFT standards to the operation of collective investment schemes (CIS).

Guidance on the estimation of loss given default (Reference to Paragraph 468 of the Basel II framework)

This document provides further clarification surrounding the quantification of loss-given-default (LGD) parameters used for Pillar 1 capital calculations.This guidance is not intended to amend the Revised Basel II Framework Document issued in June 2004 or to introduce any new rules.

Compliance and the compliance function in banks

This document provides basic guidance for banks and sets out banking supervisors' views on compliance in banking organisations.

Outsourcing in Financial Services

This document presents a set of principles to assist firms and regulators in considering their outsourcing activities

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