Common Framework: Difference between revisions
imported>Doug Williamson (Create page - source - IAIS - https://www.iaisweb.org/page/supervisory-material/insurance-core-principles-and-comframe) |
imported>Doug Williamson (Add definitions - source - UK government - https://www.gov.uk/government/collections/uk-common-frameworks) |
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''Insurance firms regulation & supervision - International Association of Insurance Supervisors (IAIS).'' | 1. ''Insurance firms regulation & supervision - International Association of Insurance Supervisors (IAIS).'' | ||
(ComFrame). | (ComFrame). | ||
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It is maintained by the IAIS. | It is maintained by the IAIS. | ||
2. ''UK governments - Brexit - devolved powers.'' | |||
In the UK, certain powers have been devolved from the UK's central government to the separate governments / executive for Scotland, Wales and Northern Ireland. | |||
Following the UK's exit from the EU (Brexit) other powers were returned from the EU to the UK. | |||
Where the returned powers and the devolved powers intersect, UK Common Frameworks seek to ensure consistent approaches between the UK's central government and the Scottish and Welsh governments, and the Northern Ireland Executive. | |||
3. | |||
Any other similar documents or approaches in other contexts. | |||
== See also == | == See also == | ||
* [[Brexit]] | |||
* [[Devolved]] | |||
* [[Executive]] | |||
* [[Group-wide supervisor]] (GWS) | * [[Group-wide supervisor]] (GWS) | ||
* [[Insurance]] | * [[Insurance]] | ||
| Line 16: | Line 34: | ||
* [[Regulation]] | * [[Regulation]] | ||
* [[Solvency II]] | * [[Solvency II]] | ||
* [[Subsidiarity]] | |||
* [[Supervision]] | * [[Supervision]] | ||
Revision as of 00:01, 21 January 2022
1. Insurance firms regulation & supervision - International Association of Insurance Supervisors (IAIS).
(ComFrame).
The Common Framework for the Supervision of Internationally Active Insurance Groups, established to facilitate the effective group-wide supervision of international insurance groups.
It is maintained by the IAIS.
2. UK governments - Brexit - devolved powers.
In the UK, certain powers have been devolved from the UK's central government to the separate governments / executive for Scotland, Wales and Northern Ireland.
Following the UK's exit from the EU (Brexit) other powers were returned from the EU to the UK.
Where the returned powers and the devolved powers intersect, UK Common Frameworks seek to ensure consistent approaches between the UK's central government and the Scottish and Welsh governments, and the Northern Ireland Executive.
3.
Any other similar documents or approaches in other contexts.
See also
- Brexit
- Devolved
- Executive
- Group-wide supervisor (GWS)
- Insurance
- Insurance Capital Standard (ICS)
- International Association of Insurance Supervisors (IAIS)
- Internationally active insurance groups (IAIGs)
- Regulation
- Solvency II
- Subsidiarity
- Supervision
