IV 
113TH CONGRESS 
2D SESSION 
H. RES. 735 
Expressing the sense of the House of Representatives that recently proposed 
measures that will reduce transparency and public participation at the 
International Association of Insurance Supervisors (IAIS) should be dis-
approved by United States representatives to the IAIS. 
IN THE HOUSE OF REPRESENTATIVES 
SEPTEMBER 18, 2014 
Mr. HUIZENGA of Michigan (for himself and Mr. MEEKS) submitted the 
following resolution; which was referred to the Committee on Foreign Affairs 
RESOLUTION 
Expressing the sense of the House of Representatives that 
recently proposed measures that will reduce transparency 
and public participation at the International Association 
of Insurance Supervisors (IAIS) should be disapproved 
by United States representatives to the IAIS. 
Whereas the International Association of Insurance Super-
visors (IAIS) establishes global insurance standards that 
the United States and other countries are expected to im-
plement and are graded on their compliance with; 
Whereas heretofore, the procedures of the IAIS were rel-
atively transparent for observers; 
Whereas, on August 4, 2014, the IAIS proposed eliminating 
public observers from its meetings starting on January 1, 
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2015, significantly reducing the transparency of its ac-
tivities and only allowing certain parties to attend; 
Whereas representatives of United States consumer advocacy 
organizations have just recently been admitted as observ-
ers; 
Whereas the IAIS proposed procedures would provide far less 
transparency and participation than the procedure af-
forded to interested stakeholders in the United States by 
the National Association of Insurance Commissioners 
(NAIC); 
Whereas maximum transparency produces the best regulation 
and the proposed procedures will reduce transparency; 
and 
Whereas United States State insurance regulators who cur-
rently provide the largest portion of funding to the IAIS 
have already publically expressed opposition to the pro-
posed reduction in IAIS transparency: Now, therefore, be 
it 
Resolved, That it is the sense of the House of Rep-
resentatives that— 
(1) the International Association of Insurance 
Supervisors’ (IAIS) proposed procedures will reduce 
transparency and access to IAIS supervisory stand-
ard development by United States stakeholders in-
cluding those representing consumers; 
(2) the proposed procedures specifically author-
ize the unfair and unequal treatment of interested 
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parties by allowing the IAIS to selectively admit cer-
tain parties and exclude others at key meetings; 
(3) all representatives of the United States at 
the International Association of Insurance Super-
visors should oppose these new procedures and in-
stead advocate more transparency and public inclu-
sion by the IAIS; 
(4) should the IAIS adopt the proposed proce-
dures or any similar reductions in transparency, 
United States representatives to the IAIS should 
make all appropriate efforts to ensure that proper 
transparency is restored; and 
(5) all United States representatives to the 
IAIS should work to ensure that their activities are 
transparent to Congress and United States stake-
holders, and that United States representatives to 
the IAIS should regularly communicate with United 
States stakeholders through timely comprehensive 
reporting and in-person discussions. 
Æ 
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