Responses Currently in Development:
Public consultation on IASB’s Proposed amendments to IFRS 9 and IFRS 7
The International Accounting Standards Board (IASB) has proposed a new accounting model to better reflect how financial institutions manage interest rate risk throughout their portfolios. Please click this link for more details. The IASB’s consultation is open for comment until 30 November 2026.
The IAA intends to submit a formal response to this consultation. The Insurance Accounting Committee (IAC) will be responsible for formulating the response to this. The response will be developed in accordance with the requirements of the IAA Due Process for Making a Public Statements.
All members and observers of the IAC will be requested to provide input to the response. The developing drafts and the final response will be shared with the IAC. Please ensure that your association’s input is provided via your representatives in the IAC.
The final response will be submitted to the IASB on or before 30 November 2026, subject to approval by IAC members..
Completed Responses:
Please note that archived public submissions are in the process of being re-categorized.
Response Archive:
2024
- 2024-11-28 – IAA Response to the IASB Exposure Draft on Climate-Related and other Uncertainties in the Financial Statements Proposed Illustrative Examples
- 2024-10-24 – IAA Response to the IAIS Public Consultation on the draft application paper on public disclosure and supervisory reporting of climate risk
- 2024-10-24 – IAA Response to the IAIS Public Consultation on the draft supporting material on macroprudential and group supervisory issues and climate risk
- 2024-06-27 – IAA Response to the IAIS Public Consultation on draft revisions to supervisory material related to the Holistic Framework
- 2024-06-19 – IAA Response to the IAIS Public Consultation on climate risk supervisory guidance – ICP guidance and supporting material
- 2024-06-14 IAA Response to the IAIS Consultation on DEI Supervisory Guidance – the governance, risk management and culture perspective
- 2024-02-23 IAA Response to the IAIS Public Consultation on the Draft Application Paper on Climate Risk Market Conduct Issues in the Insurance Sector
- 2024-02-23 IAA Response to the IAIS Public Consultation on the Draft Application Paper on Climate Risk Scenario Analysis in the Insurance Sector
2023
- 2023-09-21 IAA Response to the IAIS Public Consultation on: ICP 14 (Valuation), ICP 17 (Capital Adequacy), and Insurance Capital Standard as a Prescribed Capital Requirement.
- 2023-08-20 IAA Response to the IAIS Consultation on the Stakeholder Engagement and Consultation Policy
- 2023-07-18 IAA Response to the IAIS Strategic Plan 2025-2029 stakeholder survey
- 2023-05-18 IAA Response to OECD Draft Recommendation on Building Financial Resilience to Disaster Risks
- 2023-05-18 IAA Response to IFRIC consultation on the tentative agenda decision regarding Premium Receivable from Intermediaries (IFRS 17 and IFRS 9)
- 2023-05-15 IAA Response to IAIS Consultation on Climate Risk – Part 1
2022
- 2022-08-15 IAA Response to IAIS Consultation on Draft Criteria on Aggregation Method providing comparable outcomes to the Insurance Capital Standards
- 2022-07-29 IAA Response to ISSB Consultation regarding the Exposure Draft on Climate-related Disclosure Requirements
- 2022-07-29 IAA Response to ISSB Consultation regarding the Exposure Draft on General Sustainability-related Disclosure Requirements
- 2022-05-20 IAA Response to the IFRSIC Regarding Transfer of Insurance Coverage Under a Group of Annuity Contracts (IFRS 17)
- 2022-01-21 IAA Response to IAIS Consultation on the Development of Liquidity Metrics – Phase 2
2021
- 2021-08-23 IAA Response to IAIS Consultation on Draft Issues Paper on Insurer Culture
- 2021-05-06 IAA Response to IAIS Consultation on the Draft Application Paper on Macroprudential Supervision
- 2021-04-14 IAA Response to the OECD Consultation on the Roadmap for Good Design of Defined Contribution Retirement Savings Plans
- 2021-04-13 IAA Response to the IOPS Consultation on the Proposals on Good Practices of Pension Practices
- 2021-03-25 IAA Response to the IAIS Consultation on the Draft Paper on Supervision of Control Functions
- 2021-02-06 IAA Response to IAIS Consultation on the Development of Liquidity Metrics Phase 1 Exposure Approach
- 2021-02-03 IAA Response to IAIS Consultation on the Draft Application Paper on Resolution Powers and Planning
- 2021-01-27 IAA Response to TCFD Consultation on Forward-looking Financial Sector Metrics published in October 2020
- 2021-01-21 IAA Response to IAIS Consultation on the Draft definition and high-level principles to inform the criteria that will be used to assess whether the Aggregation Method provides comparable outcomes to the Insurance Capital Standard
- 2021-01-12 IAA Response to IAIS Consultation on the Draft Application Paper on the Supervision of Climate-related Risks in the Insurance Sector
2020
- 2020-12-27 IAA Response to the IFRS Foundation Trustees’ Consultation Paper on Sustainability Reporting published on 30 September 2020
- 2020-09-04 IAA Response to the IAIS Consultation on the Implications of COVID-19 on the Insurance Sector, Supervisors and the Future
- 2020-02-04 IAA Response to the IAIS Public Consultation on the Draft Issues Paper on Implementation of the TCFD Recommendations
- 2020-01-20 IAA Response to the IAIS Public Consultation on the Draft Application Paper on Liquidity Risk Management
Older public submissions
Copies may be obtained by contacting the Secretariat.
IAIS Public Consultation on Draft Revised Application Papers on Recovery and ResolutionJuly 28, 2026.