This Application Paper documents ideas on approaches that IAIS members may wish to consider when developing or revising a regime for the supervision of intermediaries, including when implementing ICP 18 (Intermediaries) and the relevant aspects of ICP 19 (Conduct of business), and incorporating them into their broader supervisory frameworks.
Financial Regulation and Supervision
1 October 2016
This guidance explains the FATF’s requirements in the context of correspondent banking services and clarifies that the FATF Recommendations do not require correspondent financial institutions to conduct customer due diligence on each individual customer of their respondent institutions’ customers.
This document is an additional guidance in the application of the Committee's Core Principles for Effective Banking Supervision to the supervision of financial institutions engaged in serving the financially unserved and underserved.
18 August 2016
The principles are intended to assist authorities in their resolution planning and address the risk of banks having insufficient liquidity to maintain the continuity of critical functions in resolution.
This Guidance should assist supervisory and resolution authorities and firms to evaluate whether firms that are subject to resolution planning requirements have appropriate arrangements to support operational continuity if the firm enters resolution.
The document sets out an updated Assessment Methodology (2016 Methodology) for global systemically important insurers (G-SIIs).
The document provides a framework that explains why certain product features and related activities may raise the potential for an insurer to pose systemic risk upon failure, and describes the rationale for the IAIS’ discontinuation of the Non-traditional Noninsurance (NTNI) product label.
This non-binding Guidance is intended to assist countries and their competent authorities, as well as the practitioners in the Money or Value Transfer Services (MVTS) sector and in the banking sector that have or are considering MVTS providers as customers, to apply the risk-based approach associated to MVTS.