On October 5, 2015, the International Association of Insurance Supervisors (IAIS) announced the completion of the initial development of the HLA for global systematically important insurers (G-SIIs or Too-Big-to-Fail insurers). The HLA requirements are part of the insurer’s special case of the general policy framework for G-SIFIs developed by the Financial Stability Board (FSB). Alongside […]
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