The Senate Banking Committee considered testimony on the "serious concern" caused by an International Association of Insurance Supervisors' consultative document on global insurance regulations and supervisory forums.
The Board of Governors of the Federal Reserve System extended the comment period for a proposed rulemaking regarding the regulatory capital requirements for supervised institutions engaged in insurance activities.
The Board of Governors of the Federal Reserve System solicited comments on the proposed application of enhanced prudential standards for certain nonbank financial companies. The request for comments was published in the Federal Register.
The Board of Governors of the Federal Reserve System solicited comments on an advanced notice of proposed rulemaking regarding regulatory capital requirements for insurance companies. The request for comments was published in the Federal Register.
The Board of Governors of the Federal Reserve System requested comments on the application of enhanced prudential standards for certain nonbank financial companies with significant insurance activities that the Financial Stability Oversight Council determined were under its supervision.
The Board of Governors of the Federal Reserve System solicited comments on a proposal to impose regulatory capital requirements for insurance depository institution holding companies and systemically important insurance companies.
The Board of Governors of the Federal Reserve System ("FRB") Associate Director of Banking Supervision and Regulation Thomas Sullivan stated that the FRB is constructing a domestic regulatory capital framework for its supervised insurance holding companies that is "well tailored to the business of...