This document sets out principles related to two important topics in the implementation of the Advanced Measurement Approaches (AMA) for operational risk under Basel II.
Prudential Supervision and Oversight
1 November 2007
1 February 2007
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.