Dodd-Frank Insurance
Federal Insurance Office Seeks Information on Reinsurance Industry
Insurance Section 502 the Dodd-Frank Wall Street Reform and Consumer Protection Act requires the Federal Insurance Office, or FIO, to provide a report not later than September 30, 2012, describing the breadth and scope of the global reinsurance market and the critical role such market plays in supporting insurance in the United States. To assist the [...] Read more →
FDIC Issues Final Rule on Mutual Insurance Holding Companies
Insurance The FDIC has issued a final rule that treats a mutual insurance holding company as an insurance company for purposes of Section 203(e) of the Dodd-Frank Wall Street Reform and... Read more →
FSOC Approves Rule to Designate Nonbank Financial Companies for Enhanced Oversight
Banking, Broker-Dealer, Insurance, Investment Advisers Section 113 of the Dodd-Frank Act authorizes the Financial Stability Oversight Council, or FSOC, to require a nonbank financial company to be supervised by the Board of Governors... Read more →
Progress on Global Legal Entity Identifier Initiative
Banking, Broker-Dealer, Insurance, Public Companies and Securities During the financial crisis, market participants and regulators did not have the information they needed to assess exposures to risky or failing companies globally. In the United... Read more →