On March 8, the International Association of Insurance Supervisors (IAIS) issued a Draft Application Paper for public consultation on Macroprudential Supervision. Following a series of discussions with the Insurance Working Group (IWG), the IIF submitted its response to the IAIS on May 7.

The IIF has submitted comments on an Advanced Notice of Proposed Rulemaking by the Financial Crimes Enforcement Network in the US on beneficial ownership information reporting reform.

On April 27, the IIF responded to the recently published EIOAP Open Insurance Discussion Paper. The Discussion Paper explores whether and how far insurance value chains should be "opened" by the sharing of insurance-related and specific policy-holder data amongst insurance and non-insurance firms, in order to meet the needs of policyholders and to foster innovation. 

This IIF Staff Paper considers U.S. Cyber Policy as the priorities of the Biden administration begin to take shape. 

The IIF has provided comments to the Financial Action Task Force (FATF) on their public consultation on guidance to changes in the FATF standards for proliferation financing risk and sanctions violations. 

The Institute of International Finance (IIF) submitted a response to the Securities and Exchange Commission (SEC) Request for Comment on the topic of Potential Money Market Fund (MMF) Reform Measures in President’s Working Group Report on April 12. 

On September 7, the IAIS issued a stock-take questionnaire on infrastructure and strategic equity that is designed to elicit comment on whether there should be a differentiated capital treatment of certain eligible infrastructure and strategic equity investments within the Insurance Capital Standard (ICS). The IIF responded to the questionnaire on December 2, 2020 with the following key points.

The IIF and ISDA submitted a joint response to the Basel Committee on Banking Supervision Consultation Paper on the topic of technical amendments on Minimum haircut floors for securities financing transactions on March 31. 

The IIF response agreed on the importance of ensuring the independence and stature of internal control functions, and expressed support for the IAIS’s work on developing a supervisory framework.

The IIF and OpenID Foundation have provided comments that focus on the Digital Identity aspects of the FSB-CPMI initiative on the G20 Roadmap for Enhancing Cross-border Payments, and the associated 19 building blocks.