The IAIS has released draft revised ICP 6 (Changes in Control and Portfolio Transfers) and ICP 20 (Public Disclosure) for public consultation.
The draft revisions to ICP 6 streamline and update the ICP to make it more coherent and consistent with other ICPs and to provide more helpful guidance.
The draft revisions to ICP 20 substantially restructure the ICP, remove previous overlaps, and strengthen the requirements and guidance material. The draft revisions provide better clarity and flow to ICP 20 and improve the consistency of language and terminology across the ICPs.
A public background session will be held via teleconference on 16 July 2018 to discuss the draft revised ICPs and receive public feedback.
Feedback on these consultative documents is invited by 28 August 2018 at 24:00 CEST.
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