IAIS Multilateral Memorandum of Understanding (MMoU)
The IAIS Multilateral Memorandum of Understanding (MMoU) is a framework that establishes a formal basis for global cooperation and information exchange among insurance supervisors. Before signing the IAIS MMoU, Members undergo a rigorous review process. The IAIS Signatories Working Group (SWG) manages the application and approval process.
Currently, 91 IAIS Members are signatories of the MMoU, accounting for more than three-quarters of the global insurance sector (measured by gross written premiums).
In 2021, the IAIS published an updated set of MMoU Frequently Asked Questions (FAQs). The MMoU FAQs were initially developed in April 2013 to provide information on the background, features, and procedures of the IAIS MMoU. The IAIS has revised the MMoU FAQs to consider current supervisory material and other relevant developments, as well as to reflect additional insights from the IAIS membership.
Built upon ICP 3, the IAIS MMoU benefits supervisors by establishing a formal basis for cooperation and information exchange between signatory authorities regarding the supervision of insurers where cross-border aspects arise. All signatories to the IAIS MMoU must undergo a rigorous assessment of confidentiality regimes. For more information about the MMoU accession procedure, please visit the IAIS Members Extranet – project and activities – MMoU (login required).
MMoU Signatories
| Name of organisation | Jurisdiction | Date of signature | |
|---|---|---|---|
| 1. | Bermuda Monetary Authority | Bermuda | 25 June 2009 |
| 2. | Financial Supervisory Commission | Chinese Taipei | 25 June 2009 |
| 3. | Bundesanstalt für Finanzdienstleistungsaufsicht (Bafin) | Germany | 25 June 2009 |
| 4. | Australia Prudential Regulation Authority | Australia | 23 October 2009 |
| 5. | Autorité de Contrôle Prudentiel et de Résolution (ACPR) (Prudential Supervision and Resolution Authority) | France | 23 October 2009 |
| 6. | De Nederlandsche Bank | The Netherlands | 13 November 2009 |
| 7. | Financial Market Authority | Austria | 26 February 2010 |
| 8. | Financial Supervisory Authority (ASF) | Romania | 26 February 2010 |
| 9. | Comision Nacional de Seguros y Fianzas | Mexico | 16 June 2010 |
| 10. | Monetary Authority of Singapore | Singapore | 25 June 2010 |
| 11. | Jersey Financial Services Commission | Jersey | 21 October 2010 |
| 12. | Malta Financial Services Authority | Malta | 27 October 2010 |
| 13. | Guernsey Financial Services Commission | Guernsey | 28 October 2010 |
| 14. | Dubai Financial Services Authority (DFSA) | United Arab Emirates | 28 October 2010 |
| 15. | Financial Services Commission (FSC) | British Virgin Islands | 17 June 2011 |
| 16. | Cayman Islands Monetary Authority | Cayman Islands | 17 June 2011 |
| 17. | Financial Services Agency | Japan | 17 June 2011 |
| 18. | Swiss Financial Market Supervisory Authority (FINMA) | Switzerland | 22 September 2011 |
| 19. | Central Bank of Lithuania | Lithuania | 27 September 2011 |
| 20. | Autoridade Monetaria de Macau | Macau | 02 November 2011 |
| 21. | Banque Nationale de Belgique / Nationale Bank van België | Belgium | 12 December 2011 |
| 22. | Connecticut Department of Insurance | Connecticut, USA | 20 February 2012 |
| 23. | Insurance Authority | China Hong Kong | 06 June 2012 |
| 24. | Comisión para el Mercado Financiero (CMF) | Chile | 14 June 2012 |
| 25. | Qatar Financial Centre Regulatory Authority | Qatar | 15 June 2012 |
| 26. | Financial Conduct Authority (FCA) | United Kingdom | 21 June 2012 |
| 27. | Prudential Regulation Authority (PRA) | United Kingdom | 21 June 2012 |
| 28. | Isle of Man Financial Services Authority | Isle of Man | 10 July 2012 |
| 29. | Commissariat aux Assurances | Luxembourg | 24 July 2012 |
| 30. | Office of the Superintendant of Financial Institutions | Canada | 25 July 2012 |
| 31. | Komisja Nadzoru Fiansowego - KNF (Polish Financial Supervisory Authority) | Poland | 31 July 2012 |
| 32. | Financial Market Authority | Liechtenstein | 18 September 2012 |
| 33. | Washington State Office of the Insurance Commissioner | Washington, USA | 18 September 2012 |
| 34. | Istituto per la Vigilanza sulle Assicurazioni (IVASS) | Italy | 26 November 2012 |
| 35. | Central Bank of Ireland | Ireland | 14 February 2013 |
| 36. | Turkish Insurance and Private Pension Regulation and Supervision Authority | Türkiye | 20 March 2013 |
| 37. | Nebraska Department of Insurance | Nebraska, USA | 12 April 2013 |
| 38. | Insurance Regulatory and Development Authority | India | 01 May 2013 |
| 39. | Capital Markets, Insurance and Savings Authority | Israel | 29 November 2013 |
| 40. | Financial Services Commission | Mauritius | 20 December 2013 |
| 41. | Superintendencia de Seguros Privados (SUSEP) | Brazil | 14 March 2014 |
| 42. | State Corporation Commission, Bureau of Insurance | Virginia, USA | 14 August 2014 |
| 43. | California Department of Insurance | California, USA | 14 August 2014 |
| 44. | Pennsylvania Insurance Department | Pennsylvania, USA | 13 November 2014 |
| 45. | Department of Insurance and Financial Services | Michigan, USA | 14 January 2015 |
| 46. | Reserve Bank of New Zealand | New Zealand | 28 January 2015 |
| 47. | Iowa Division of Insurance | Iowa, USA | 24 March 2015 |
| 48. | Maine Bureau of Insurance | Maine, USA | 26 March 2015 |
| 49. | Missouri Department of Insurance, Financial Institutions & Professional Registration | Missouri, USA | 26 March 2015 |
| 50. | Autorité des marchés financiers | Canada (Québec) | 27 March 2015 |
| 51. | Financial Services Commission | Gibraltar | 21 April 2015 |
| 52. | Bank Negara Malaysia | Malaysia | 13 April 2015 |
| 53. | National Bank of Slovakia | Slovakia | 13 April 2015 |
| 54. | Delaware Department of Insurance | Delaware, USA | 26 March 2015 |
| 55. | Financial Services and Markets Authority (FSMA) | Belgium | 19 May 2015 |
| 56. | Office of Insurance Regulation | Florida, USA | 03 November 2015 |
| 57. | European Insurance and Occupational Pensions Authority (EIOPA) | EIOPA | 22 July 2016 |
| 58. | New York State Department of Financial Services | New York, USA | 15 September 2016 |
| 59. | Financial Supervision Commission | Bulgaria | 07 October 2016 |
| 60. | Financial Sector Conduct Authority (FSCA) | South Africa | 07 November 2016 |
| 61. | Prudential Authority | South Africa | 07 November 2016 |
| 62. | Tennessee Department of Commerce & Insurance | Tennessee, USA | 02 February 2017 |
| 63. | Maryland Insurance Administration | Maryland, USA | 06 February 2017 |
| 64. | Vermont Department of Financial Regulation | Vermont, USA | 01 March 2017 |
| 65. | Oklahoma Department of Insurance | Oklahoma, USA | 13 October 2017 |
| 66. | The Central Bank of the Russian Federation (Bank of Russia) | Russia | 09 January 2018 |
| 67. | Capital Market Authority | Sultanate of Oman | 27 February 2018 |
| 68. | Ohio Department of Insurance | Ohio, USA | 05 March 2018 |
| 69. | Financial Services Commission | Jamaica | 09 April 2026 |
| 70. | Abu Dhabi Global Market Financial Services Regulatory Authority | United Arab Emirates | 09 October 2018 |
| 71. | Wisconsin Office of the Commissioner of Insurance | Wisconsin, USA | 05 November 2018 |
| 72. | Insurance Supervision Agency | Slovenia | 05 September 2019 |
| 73. | Financial Supervisory Service (FSS) & Financial Services Commission (FSC) | Korea | 22 November 2019 |
| 74. | Louisiana Department of Insurance | Louisiana | 08 June 2020 |
| 75. | Astana Financial Services Authority (AFSA) | Kazakhstan | 22 September 2020 |
| 76. | Superintendencia de Seguros de la Nacion Argentina | Argentina | 15 December 2020 |
| 77. | Albanian Financial Supervisory Authority | Albania | 23 March 2022 |
| 78. | Centrale Bank van Aruba | Aruba | 27 April 2022 |
| 79. | Massachusetts Division of Insurance | Massachusetts, USA | 29 April 2022 |
| 80. | Superintendencia Financiera de Colombia | Colombia | 03 November 2022 |
| 81. | Arkansas Insurance Department | Arkansas, USA | 12 January 2023 |
| 82. | Insurance Commission of The Bahamas | The Bahamas | 21 June 2023 |
| 83. | Agency of the Republic of Kazakhstan for Regulation and Development of Financial Market | Kazakhstan | 01 August 2023 |
| 84. | The Australian Securities & Investments Commission | Australia | 03 October 2023 |
| 85. | The International Financial Services Centres Authority | India | 26 October 2023 |
| 86. | Autoridade de Supervisão de Seguros e Fundos de Pensões (ASF) | Portugal | 20 November 2024 |
| 87. | Dirección General de Seguros y Fondos de Pensiones (DGSFP) | Spain | 28 October 2025 |
| 88. | Arizona Department of Insurance and Financial Institutions | Arizona, USA | 21 January 2026 |
| 89. | Minnesota Department of Commerce | Minnesota, USA | 21 January 2026 |
| 90. | Superintendency of Banks of Guatemala (SIB) | Guatemala | 21 January 2026 |
| 91. | Illinois Department of Insurance | Illinois, USA | 17 March 2026 |
| 92. | The Magyar Nemzeti Bank | Hungary | 14 September 2026 |