The New York State Department of Financial Services proposed guidance on the use of "artificial intelligence systems and external consumer data and information sources in insurance underwriting and pricing."
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A global health services company settled charges with the DOJ to resolve a series of False Claims Act actions being pursued by numerous U.S. attorney’s offices across the country.
The Financial Stability Oversight Council and the Financial Stability Board considered the "post-LIBOR transition landscape" and steps forward to ensure market resilience.
The CFTC approved a "made-available-to-trade" determination for certain overnight index swaps referencing the Secured Overnight Financing Rate and Sterling Overnight Index Average.
IOSCO said that two "credit sensitive" alternatives to USD LIBOR should not be represented as being "IOSCO-compliant."