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CLHIA Submission to IAIS on Supervisory Colleges


Release Date: 07/25/2014
Staff Reference: Janice Hilchie; Steve Easson

The CLHIA supports the IAIS’s goals, initiatives and views on the purpose, focus and processes of supervisory colleges as outlined in paragraphs 1.2, 1.3 and 1.4 in the Application Paper.

We commend the IAIS for its efforts to increase the efficient functioning of supervisory colleges, most notably to ensure, among involved supervisors, roles and responsibilities are well understood and there are high degrees of effective cooperation and utmost confidentiality of information exchanges. We compliment the IAIS for its thoroughness in this Application Paper in addressing all the various aspects of operationalizing supervisory colleges.