On August 26, 2021, the Statutory Accounting Principles (E) Working Group (SAPWG) of the National Association of Insurance Commissioners (NAIC) directed a new “43R study group” to continue work on a proposed principles-based...more
Last week, the Financial Crimes Enforcement Network (FinCEN) and its regulatory partners issued a joint statement in an effort to increase transparency around risk-focused Bank Secrecy Act/anti-money laundering supervision....more
On June 3, 2016, the Board of Governors of the Federal Reserve System (FRB), approved an advance notice of proposed rulemaking (ANPR) regarding two potential regulatory capital frameworks for institutions under the FRB’s...more
6/8/2016
/ Advanced Notice of Proposed Rulemaking (ANPRM) ,
Comment Period ,
Dodd-Frank ,
Federal Reserve ,
IDIs ,
Insurance Industry ,
Leverage Capital Ratio ,
Other-SIIs ,
Parent Corporation ,
Risk Capital ,
Risk-Based Approaches
At the NAIC’s tenth International Insurance Forum, Daniel K. Tarullo, a member of the Board of Governors of the Federal Reserve System (FRB), outlined the FRB’s plans for: -
..the capital and liquidity rules for...more
5/31/2016
/ Advanced Notice of Proposed Rulemaking (ANPRM) ,
Capital Rules ,
Federal Reserve ,
G-SII ,
IAIS ,
Insurance Industry ,
Liquidity ,
NAIC ,
Other-SIIs ,
Risk-Based Approaches ,
Savings and Loan Companies ,
Stress Tests
With the first month of the year behind us, this report outlines major insurance topics that we will be watching throughout 2014.
Forces, trends and events that we believe will affect regulation, transactions and...more