The IIF is the leading voice for the financial services industry on global regulatory issues. We engage continuously and constructively with global standard setters and policymakers through formal submissions and reports, as well as through regular dialogue and high-level symposia.
We help shape the global policy and regulatory agenda by providing industry input and feedback on critical issues such as sustainable finance, international capital and liquidity standards for banks and insurers, combating financial crime, supervision and risk management, and accounting standards, among many others.
The IIF organizes groups of representatives from members to articulate international perspectives on regulatory and supervisory issues, and to interact with corresponding groups in the official sector.
IIF President and CEO, Tim Adams, delivers scene-setting remarks to the 26th Annual IAIS Conference in Abu Dhabi, UAE. Speech as prepared for delivery.
This IIF staff paper evaluates the benefits of cross-border banking, with a focus on its implications for the macroeconomy and financial stability. It also includes policy proposals to reduce market fragmentation and maximize the net benefits of cross-border banking.
The November U.S. Regulatory Update covers the Federal Reserve’s final foreign banking organization tailoring rules, the revised Volcker Rule approval, CFTC and OCC news, along with Congressional updates and hearings summaries, and more.
The 10th Annual IIF/EY Global Bank Risk Management Survey, “An endurance course: Surviving and thriving through 10 major risks over the next decade”, carried out by the Institute of International Finance (IIF) and EY, observes and reports on changes in how banks manage risk.
In a 2019 survey, the IIF Sustainable Finance Working Group (SFWG) polled member firms on their views: a significant majority agreed that industry alignment around simplifying terminology and product names into a few broad categories could greatly advance the goal of scaling up sustainable finance.
Topics addressed: *IIF Response to IAIS Big Data Analytics Draft Issues Paper *IIF Insurance Regulatory Committee Meeting *IIF Cyber Risk Roundtable *December 6 IIF Insurance Dialogue, London, UK *IIF LIBOR Transition Roundtable
On October 16, 2019 the IIF responded to the IAIS Draft Issues Paper on the Use of Big Data Analytics in Insurance.
The 2019 Report on the Implementation of the Principles takes stock of the quarterly discussions of the Principles Consultative Group (PCG), which includes senior officials from emerging and mature market economies as well as senior bankers, investors and sovereign debt experts.
Despite tens of billions of dollars being invested in anti-money laundering (AML) and countering the financing of terrorism (CFT) efforts worldwide, stemming the tide of economic crime remains incredibly challenging; the amount of money laundered globally each year is estimated to be 2% to 5% of global GDP, or between 715 billion and 1.87 trillion Euros. In this white paper, the IIF and Deloitte argue that greater emphasis must be placed on improving the legal and regulatory framework and risk management toolkit to enhance effectiveness.