Selected Category- Advocacy

On September 5, the IIF published a Staff Paper "Resetting the debate on the role of private finance in the net-zero transition" discussing what mix of policy, corporate, and financial sector action is needed to enable net zero-aligned—and aligning—business opportunities to develop and be financed.

On August 30 the IIF submitted a response to the FSB consultative report: Evaluation of the Effects of the G20 Financial Regulatory Reforms on Securitization.

On August 28, the IIF and ISDA submitted a joint response to the Basel Committee on Banking Supervision’s (BCBS) consultation on Guidelines for counterparty credit risk (CCR) management.

The August session of DataTalk explored the evolving role of open banking and open finance frameworks across different jurisdictions and links with digital identity solutions.

The IIF has submitted comments in response to the U.S. Treasury’s (UST’s) request for information (RFI) on “Uses, Opportunities, and Risks of Artificial Intelligence in the Financial Services Sector,” published on June 6, 2024.

On July 15, the IIF submitted industry perspectives in response to the IASB ED on Business Combinations – Disclosures, Goodwill and Impairment – Proposed amendments to IFRS 3 and IAS 36.

On July 15, the IIF and ISDA submitted a comment letter to the Basel Committee on Banking Supervision's (BCBS) Discussion Paper on ‘The role of climate scenario analysis in strengthening the management and supervision of climate-related financial risks.'

On July 2, 2024 the IIF submitted its response to the Cybersecurity and Infrastructure Security Agency's (CISA) Proposed Rule on Cyber Incident Reporting for Critical Infrastructure Act of 2022 (CIRCIA). The IIF acknowledges CIRCIA’s primary goal of preserving national security, economic security, and public health and safety amidst an increasingly sophisticated threat landscape.

On June 25, 2024, the IIF and its insurance members responded to the International Association of Insurance Supervisors (IAIS) consultation on the Draft Revisions to Supervisory Material Related to the Holistic Framework in ICPs 12 and 16 and related ComFrame standards.

On June 18, 2024, the IIF responded to the IAIS’s consultation on Climate Risk Consultation Package 3 – proposed changes to Insurance Core Principles guidance to reflect climate risk.

On June 14, the IIF submitted its responded to the International Association of Insurance Supervisors' (IAIS) Draft Application Paper on Supervising Diversity, Equity, and Inclusion (DEI).