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.
Financial Regulation and Supervision
23 November 2018
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.
8 November 2018
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.
8 November 2018
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.
5 November 2018
FSB holds meeting of RCG for the Middle East and North Africa in Istanbul.
FSB holds meeting of RCG for Asia in Sydney.