When Patch 1 is applied to a full Access Manager installation using the amconfig script to redeploy all of the web applications, amconfig does not tag swap the monitoring framework descriptor. As a result, the monitoring framework description at $CONFIG_DIR/com.sun.cmm.am.xml only contains tags.
Workaround
Back up the monitoring framework descriptor (Solaris locatoin is /etc/opt/SUNWam/config/com.sun.cmn.am.xml, Linux location is /etc/opt/sun/identity/config/com.sun.am.xml) before applying the patch. Once the patch is applied, replace the patched file with the original file in the same location.