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International Association of Insurance Supervisors Issues Report Entitled Targeted Jurisdictional Assessment of the Implementation of the Holistic Framework Supervisory Material

International Association of Insurance Supervisors Issues Report Entitled Targeted Jurisdictional Assessment of the Implementation of the Holistic Framework Supervisory Material
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Former OFAC Enforcement Section Chief Rachel Fiorill Joins Morrison Foerster

FSB Publishes Report On Good Practices For Crisis Management Groups

<p><span>The FSB today published a&nbsp;</span><a href="https://www.fsb.org/2021/11/good-practices-for-crisis-management-groups-cmgs-2/">report on good practices for Crisis Management Groups</a><span>&nbsp;(CMGs). CMGs bring together the home and key host authorities that have a role in the resolution of a systemically important financial institution. The report sets out good practices that have helped CMGs to enhance preparedness for the management and resolution of a cross-border financial crisis affecting a Global Systemically Important Bank (G-SIB) consistent with the FSB&nbsp;</span><a href="https://www.fsb.org/2014/10/key-attributes-of-effective-resolution-regimes-for-financial-institutions-2/">Key Attributes of Effective Resolution Regimes for Financial Institutions</a><span>.</span></p>

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