IAIS consults on HLA for GSIIs: IAIS is consulting on higher loss absorbency (HLA) for global systemically important insurers (GSIIs). IAIS is seeking feedback until 21 August on several options to further support and inform the design, development and calibration of the HLA. (Source: Public Consultation Begins on HLA Requirement for GSIIs)

IAIS consults on conduct risk: IAIS is consulting on conduct of business risk and its management. The paper assesses the sources and impact of conduct of business risk and its place within risk management frameworks, and the mitigation of conduct of business risk by the entity concerned and its supervisor. It looks at potential broader consequences of inadequate management of conduct of business issues and the linkages between conduct of business risk and risks to financial soundness. The paper goes on to look at the scope of, and approaches to, conduct of business-risk management that IAIS Members may wish to consider when implementing ICP 19 (Conduct of Business), ICP 18 (Intermediaries) and ICP 9 (Supervisory Review and Reporting). IAIS asks for comment by 14 August. (Source: IAIS Consults on Conduct Risk

IAIS consults on captives: IAIS is consulting on regulation and supervision of captive insurers. It updates guidance to supervisors and seeks comments by 3 August. (Source: IAIS Consults on Captives)