Public Consultation: Activities-based Approach to Systemic Risk

Comments due by 25 February 2018

Background:

The IAIS is seeking feedback on its interim public consultation paper on an activities-based approach to systemic risk (ABA). Feedback on this consultative document is invited by 25 February 2018 at 24:00 Basel time.

The interim public consultation paper is intended to provide an opportunity for stakeholders to give input into the development of an activities-based approach and feedback on the proposed steps that the IAIS will follow in its work on deriving activities-based policy measures. The paper does not include conclusive proposals on policy measures, as this will be the subject of the next phase of work in 2018.

The IAIS plans to launch a second public consultation on its final proposals by the end of 2018, after considering comments on this interim public consultation and completing further work on the development of policy measures to address potential systemically risky activities in the insurance sector and the review of its assessment methodology for the identification of Global Systemically Important Insurers (G-SIIs).

A public background session via teleconference to introduce the interim consultation paper will be held on 19 December 2017 at 13:30 Basel time.