The IAIS recognises that effective consultation can bring valuable information to help design successful policy solutions and make informed decisions. All supervisory and supporting material is subject to public consultation.
A public consultation typically follows the following process:
Launch of public consultation, accompanied by a “public background session” to provide background on the project, what is being presented for consultation and describe specific issues for which the IAIS is seeking targeted input.
Publication of comments received through the public consultation process as well as responses thereto.
Publication of the final version of the material, accompanied by a “public discussion session” to present the adopted material, as well as the outcome of the public consultation.