Browse the Compendium of Standards

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Guidance for a risk-based approach for the accounting profession

The risk-based approach Guidance for the accounting profession highlights the need for a sound assessment of the money laundering and terrorist financing risks that accountants face so that their policies, procedures and ongoing customer due diligence measures mitigate these risks. 

Guidance for a risk-based approach for legal professionals

The guidance aims to support legal professionals in the design of effective risk-based measures to manage their ML/TF risks, when establishing or maintaining business relationships.

Guidance for a risk-based approach for trust and company service providers

The guidance aims to support trust and company service providers in the design of effective risk-based measures to manage their ML/TF risks, when establishing or maintaining business relationships.

Guidance on Deposit Insurers’ Role in Contingency Planning and System-wide Crisis Preparedness and Management

The Guidance Paper provides supplementary guidance to the IADI Core Principles for Effective Deposit Insurance Systems and a direction for the implementation and strengthening of deposit insurers’ contingency planning and crisis preparedness and management frameworks.

Application Paper on Proactive Supervision of Corporate Governance

The Application Paper on Proactive Supervision of Corporate Governance supports the practical application of the corporate governance related ICPs, mainly ICP 7 (Corporate Governance) and ICP 8 (Risk Management and Control Functions). This Application Paper sets out good practices related to the organisation and functioning of the supervisor, with the objective of promoting proactive supervision of corporate governance.

Fiscal Transparency Code

This IMF code identifies a set of principles and practices to help governments provide a clear picture of the structure and finances of government.

Recommendations for national supervisors: Reporting on the use of compensation tools to address potential misconduct risk

These Recommendations complement the FSB’s Supplementary Guidance to the FSB Principles and Standards on Sound Compensation Practices by setting out the types of data that can support improved monitoring by supervisory authorities on the use of compensation tools to address misconduct risk in significant financial institutions.

Application Paper on the Use of Digital Technology in Inclusive Insurance

This Application Paper seeks to provide guidance to supervisors, regulators and policymakers when considering, designing and implementing regulations and supervisory practices with respect to the use of digital technology in inclusive insurance. Whilst the primary focus of this paper is on building inclusive insurance markets, some considerations and suggested approaches could also be of interest to supervisors outside the inclusive insurance field.

Application Paper on Supervision of Insurer Cybersecurity

The Application Paper on Supervision of Insurer Cybersecurity provides further guidance to supervisors seeking to develop or enhance their approach to supervising the cyber risk, cybersecurity and cyber resilience in the insurance sector.

Application Paper on the Composition and the Role of the Board

The Application Paper on the Composition and the Role of the Board provides additional guidance on the practical interpretation and application of ICP 5 (Suitability of Persons) and ICP 7 (Corporate Governance), considering particular challenges for achieving effectiveness in supervision of the Board.