Amid the financial markets turmoil of recent months and developments at certain multinational insurers, the annual conference of the International Association of Insurance Supervisors (IAIS) which will take place in Budapest from October 14 through 17 is likely to see some lively discussions. We note that this year’s conference is focused on the general topic “Insurance and the Globalisation of Financial Services: Challenges for Worldwide Regulation and Supervision”. Among the issues to be covered: cooperation and transparency in crisis situations; the impact of future solvency standards; supervision of insurance groups and market conduct. Check out I.I.I. information on proposed international standards in accounting.