Mayer Brown | European Union, United Kingdom, USA | 31 May 2016
On Friday, May 20, 2016, Daniel Tarullo, a member of the Board of Governors of the US Federal Reserve System (the “Board”) previewed a conceptual…
Mayer Brown | European Union, United Kingdom, USA | 25 Mar 2015
On February 12, 2015, the Insurance Bill, which was introduced into Parliament on July 17, 2014, received Royal Assent, and is now known as…
Mayer Brown | China, European Union, Hong Kong, etc. | 29 Apr 2014
As reported in our prior bulletins, on 18 July 2013 the International Association of Insurance Supervisors (“IAIS”) published a methodology for…
Mayer Brown | European Union, Global, United Kingdom, etc. | 14 Jan 2014
As reported in our July 2013 bulletin, on July 18, 2013, the International Association of Insurance Supervisors (the "IAIS") published a methodology…
Mayer Brown | China, European Union, United Kingdom, etc. | 5 Dec 2013
The China Insurance Regulatory Commission (“CIRC”) announced new rules (Implementing Rules of Provisional Measures on Outbound Investments with…
Mayer Brown | United Kingdom | 12 Nov 2013
The Prudential Regulation Authority (PRA) recently issued a consultation on its draft supervisory statement, advising the stance the PRA will take…
Mayer Brown | China, Global, Hong Kong, etc. | 31 Jul 2013
On July 18, 2013, the G-20’s Financial Stability Board ("FSB") released its list of nine global systemically important insurers ("GSIIs"): Allianz SE…
Mayer Brown | Asia-Pacific, United Kingdom, USA | 30 Jun 2013
In recent years, many Asian countries have adopted Risk-Based Capital regimes ("RBC") to regulate solvency of insurers. With the European Union’s…
Mayer Brown | European Union, United Kingdom | 4 Jun 2013
As reported in last month's insurance bulletin, the Chief Executive of the Prudential Regulation Authority (PRA), Andrew Bailey voiced his concerns…
Mayer Brown | United Kingdom | 4 Jun 2013
Greg Clark, Financial Secretary to the Treasury, recently spoke at an insurance conference where he expressed his respect for the UK insurance…