,,iii  #aacth ,,congress  #b;d ,session 
,s4 ,,res4 #efa  ,,in ,,the ,,senate    
,,of ,,the ,,united ,,states  ,september
 #ah1 #bjad ,mr4 ,heller 7for himself   
and ,mr4 ,tester7 submitted the         
following resolution2 which was referred
 to the ,committee on ,banking1         
,housing1 and ,urban ,affairs           
,,resolution  ,expressing the sense of  
the ,senate that recently proposed      
measures that will reduce transparency  
and public participation at the         
,international ,association of          
,insurance ,supervisors 7,,iais7 should 
be disapproved by ,united ,states       
representatives to the ,,iais4  ,whereas
 the ,international ,association of     
,insurance ,supervisors 7,,iais7        
establishes global insurance standards  
that the ,united ,states and other      
countries are expected to implement and 
are graded on their compliance with2    
,whereas heretofore1 the procedures of  
the ,,iais were relatively transparent  
for observers2 ,whereas1 on ,august #d1 

#bjad1 the ,,iais proposed eliminating  
public observers from its meetings      
starting on ,january #a1 #bjae1         
significantly reducing the transparency 
of its activities and only allowing     
certain parties to attend2 ,whereas     
representatives of ,united ,states      
consumer advocacy organizations have    
just recently been admitted as          
observers2 ,whereas the ,,iais proposed 
procedures would provide far less       
transparency and participation than the 
procedure afforded to interested        
stakeholders in the ,united ,states by  
the ,national ,association of ,insurance
 ,commissioners 7,,naic72 ,whereas      
maximum transparency produces the best  
regulation and the proposed procedures  
will reduce transparency2 and ,whereas  
,united ,states ,state insurance        
regulators who currently provide the    
largest portion of funding to the ,,iais
 have already publically expressed      
opposition to the proposed reduction in 
,,iais transparency3 ,now1 therefore1 be

 it  ,that it is the sense of the       
,senate that--  7#a7 the ,international 
,association of ,insurance ,supervisors'
 7,,iais7 proposed procedures will      
reduce transparency and access to ,,iais
 supervisory standard development by    
,united ,states stakeholders including  
those representing consumers2  7#b7 the 
proposed procedures specifically        
authorize the unfair and unequal        
treatment of interested parties by      
allowing the ,,iais to selectively admit
 certain parties and exclude others at  
key meetings2  7#c7 all representatives 
of the ,united ,states at the           
,international ,association of          
,insurance ,supervisors should oppose   
these new procedures and instead        
advocate more transparency and public   
inclusion by the ,,iais2  7#d7 should   
the ,,iais adopt the proposed procedures
 or any similar reductions in           
transparency1 ,united ,states           
representatives to the ,,iais should    
make all appropriate efforts to ensure  

that proper transparency is restored2   
and  7#e7 all ,united ,states           
representatives to the ,,iais should    
work to ensure that their activities are
 transparent to ,congress and ,united   
,states stakeholders1 and that ,united  
,states representatives to the ,,iais   
should regularly communicate with       
,united ,states stakeholders through    
timely comprehensive reporting and      
in-person discussions4