Overview of the IAIS Insurance Core Principles on Anti-Money Laundering and Combating Financing of Terrorism

Event: Regional Workshop for Asian Insurance Supervisors

Overview of the IAIS Insurance Core Principles on Anti-Money Laundering and Combating Financing of Terrorism

29 August 2017

Author / Speaker:

Fiona Crocker, Guernsey Financial Services Commission - Other materials by the author

In insurance, two entities set the standards for combating money laundering and financing of terrorism: the International Association of Insurance Supervisors (IAIS) and the Financial Action Task Force on Money Laundering (FATF). The FATF recommends policies and preventive as well as operational measures to combat them while the IAIS, through the Insurance Core Principles, mandates insurance supervisors and intermediaries to fight money laundering and financing of terrorism.

Geographical Focus:

Global

Type of Content:

Learning Event

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