Details

  • Service: Advisory, Risk Consulting, Financial Risk Management
  • Industry: Banking & Capital Markets
  • Date: 8/2/2013

Regulatory Practice Letter #13-14 

The Financial Stability Board (FSB), in consultation with the International Association of Insurance Supervisors (IAIS) and national authorities, has announced the initial list of global systemically important insurers (G-SIIs).
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FSB Designation of G-SIIs

The requirements that will apply to G-SIIs are yet to be fully developed.  However, based on the IAIS July 2013 Policy Measures, they will address the following points.