Insurance Europe welcomes IAIS ComFrame changes but calls for more guidance

The International Association of Insurance Supervisors (IAIS) has announced changes to its proposals for a Common Framework (ComFrame) for the supervision of Internationally Active Insurance Groups (IAIGs), and granted an extended period for consultation. The changes have been welcomed by Insurance Europe, in particular the IAIS’s efforts to clarify how requirements apply across an IAIG – for example, whether they…

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