Building on the IIF’s previous work in this area, the paper endeavors to address the continued criticality of improving economic and financial crime risk management by facilitating the increased sharing of information on financial activity linked to crime and terrorism.

On October 1, the IIF and GFMA submitted a response to the UK Authorities’ consultation papers on Operational Resilience.

On September 30, the IIF submitted a response to the FSB Consultation Report on the evaluation of the too-big-to-fail reforms.

On September 23 the IIF Insurance Working Group submitted the Insurance Working Group filed a response to the EIOPA Issues Paper on Shared Resilience Solutions for Pandemics. 

The IIF submitted a comment letter to the International Accounting Standards Board (IASB) Exposure Draft ED/2019/7 General Presentation and Disclosures.

The IIF and the Wolfsberg Group responded to a consultation of the European Banking Authority on de-risking in financial services. 

On September 4, the IIF submitted its response to the IAIS Request for Feedback on the Impact of COVID-19. 

The IIF and the Wolfsberg Group responded to a FATF consultation on amendments to FATF Recommendation 1 and its Interpretative Note. 
 

On August 24, 2020, the IIF responded to the recent EIOPA Discussion Paper on the Insurance Value Chain and New Insurance Business Models Arising from Digitalization. 

The IIF has submitted a response to a consultation of the European Commission on an Action Plan for a comprehensive Union policy on preventing money laundering and terrorist financing.