‘Hot fun in the summertime’: insurance regulatory activity heats up
The now iconic song of 1969 aptly describes the insurance regulatory activity we are seeing in the summer of 2013.
During the last two weeks of July, the International Association of Insurance Supervisors (IAIS) announced new standards for the regulation of G-SIIs, including releasing the initial list of insurance group G-SIIs; the National Association of Insurance Commissioners (NAIC) officially adopted a number of initiatives relating to captive insurance transactions; and the New York Department of Financial Services (NYDFS) moved forward with its scrutiny of private-equity and hedge-fund investments in insurance by imposing higher policyholder protection standards in a private-equity acquisition.
These activities are summarised in this briefing…
If you are registered and logged in to the site, click on the link below to read the rest of the DLA Piper briefing. If not, please register or sign in with your details below.
News from DLA Piper
News from The Lawyer
Briefings from DLA Piper
The Financial Report — CSA proposes prospectus amendments; ASIC on use of internet for selling securities; and more
DLA Piper has released the latest version (Volume 3, No.5) of The Financial Report, featuring news and analysis from across the financial sector.
This issue looks at some of the issues that will be prominent in the emerging financial environment and the developing products that are arising in the post recessionary global economy
Analysis from The Lawyer
The fragile refinance market is back in rude health and US-style alternative lenders are stepping up with innovative structures to sustain the recovery
The Lawyer’s latest Top 50 litigation firms list shows that business for dispute specialists is roaring along while new in-depth detail reveals the winning strategies