IAIS Insurance Core Principles (ICPs)
ICP 12: Exit from the market and resolution – IAIS Insurance Core Principles (ICPs)

IAIS Insurance Core Principles (ICPs) 12.8: A range of resolution powers proportionate to the sector, exercised flexibly and under safeguards

What does 12.8 require?

Legislation provides a range of powers to resolve insurers effectively, appropriate to the nature, scale and complexity of the jurisdiction's insurance sector, and those powers are exercised proportionately, with appropriate flexibility and subject to adequate safeguards.

Maintained by Gerard BlokdykControl text last updated

Other controls in ICP 12: Exit from the market and resolution – IAIS Insurance Core Principles (ICPs)

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The graph holds this control, the 0 it maps to, and the evidence behind each claim, over MCP and REST.