15TH IAIS ANNUAL CONFERENCE

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Presentation transcript:

15TH IAIS ANNUAL CONFERENCE THE CHALLENGES OF SELLING RISK BASED SUPERVISION (AND ITS LIMITATIONS) TO STAKEHOLDERS 15TH IAIS ANNUAL CONFERENCE ASUNCION, PARAGUAY 10TH AND 11TH NOVEMBER, 2016

Stakeholders Politicians Industry Staff Auditors and Accountants

Politicians Legislation Financial Sector Policy Resources Buck stopping

Industry Capacity Resources Change management Risk management Corporate governance Actuarial skills Resources Staff Information technology Capitalisation Change management

Auditors and Accountants Compliance with International standards IFRS IAS Actuarial resources Additional responsibilities Prudential reporting requirements Whistle blowing responsibilities

Stakeholder management strategies Keep them informed Build capacity Provide guidance Plan Collaborate to leverage resources

Thank you for your attention The end Thank you for your attention