IAIS publishes updated Application Papers on recovery and resolution
The papers support implementation of the updated ICPs and ComFrame standards adopted in 2024.
The papers support implementation of the updated ICPs and ComFrame standards adopted in 2024.
The paper is an updated version of the Application Paper on recovery planning published in 2019, reflecting the revised ICPs and ComFrame related to recovery adopted in December 2024.
The paper is an updated version of the Application Paper on Resolution Powers and Planning published in 2021, reflecting the revised ICPs and ComFrame related to resolution adopted in December 2024.
The IAIS has issued two publications today: 1) The report of the 2025 Targeted Jurisdictional Assessment (TJA) evaluating six jurisdictions supervising 10 Internationally Active Insurance Groups (IAIGs); and 2) A report on progress made by the 10 original jurisdictions in addressing implementation gaps identified in the 2022 TJA.
The 2025 progress monitoring exercise reviews the progress of 10 jurisdictions assessed in the 2022 TJA, including Canada, China, Hong Kong, France, Germany, Japan, the Netherlands, Switzerland, the United Kingdom, and the United States.
The 2025 TJA report assesses the implementation of Holistic Framework standards across Australia, Bermuda, Italy, Singapore, South Africa, and Spain, focusing on IAIG determination, macroprudential supervision, liquidity risk management and disclosure, as well as crisis management, recovery planning, and resolution frameworks.
The IAIS has published the final versions of its two revised Application Papers on recovery and resolution, following consultation conducted between November 2025 and February 2026.
