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Director of supervision for the FCA delivers speech on theimportance of culture as the driving behaviour of firms and how the FCA will assess this
- Mayer Brown LLP
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- United Kingdom
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- May 9 2013
In his speech at the UK Professionals Conference, Adamson highlighted 'culture' as underpinning the problem faced by firms and as the key attribute
Effect of new data privacy rules on direct marketing by insurance companies
- Mayer Brown LLP
- -
- Hong Kong
- -
- May 9 2013
The provisions in Hong Kong's Personal Data (Privacy) (Amendment) Ordinance 2012 ("Amendment Ordinance") relating to direct marketing came into
Update on the NAIC Solvency Modernization Initiative (E) task force and its working groups
- Mayer Brown LLP
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- USA
- -
- May 9 2013
The NAIC's Solvency Modernization Initiative (E) Task Force (the "SMI Task Force") and its working groups, including the Corporate Governance (E
Federal Home Loan Bank Legislation (E) Subgroup
- Mayer Brown LLP
- -
- USA
- -
- May 9 2013
The NAIC's Federal Home Loan Bank Legislation (E) Subgroup (the "FHLB Subgroup") is considering, among other things, proposed amendments to the
NAIC Spring 2013 national meeting
- Mayer Brown LLP
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- USA
- -
- May 9 2013
The National Association of Insurance Commissioners ("NAIC") held its Spring 2013 National Meeting on April 6-9, 2013 in Houston, Texas. Set forth
Reinsurance (e) task force and the NAIC list of qualified jurisdictions
- Mayer Brown LLP
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- USA
- -
- May 9 2013
The NAIC's Reinsurance (E) Task Force (the "RTF") met at the NAIC Spring 2013 National Meeting to discuss revisions to RTF's draft "Process for
President Obama’s 2014 fiscal year budget proposes deduction for reinsurance premiums paid to non-US affiliates
- Mayer Brown LLP
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- USA
- -
- May 9 2013
The 2014 Fiscal Year Budget for the US federal government proposed by the Obama administration would end the tax deduction for reinsurance premiums
Financial Holding Company Act 2013
- Mayer Brown LLP
- -
- Singapore
- -
- May 9 2013
Singapore's legislature enacted the Financial Holding Company Act 2013 ("Act") on 8 April 2013. The Act introduces a regulatory framework for the
China Insurance Regulatory Commission raises cap for domestic investors in insurers
- Mayer Brown LLP
- -
- China
- -
- May 9 2013
China Insurance Regulatory Commission ("CIRC") has raised the ownership ceiling for domestic investors in insurers from 20 to 51, potentially
Chief Executive of the Prudential Regulation Authority (“PRA”) voices concerns over the implementation of the Solvency II directive
- Mayer Brown LLP
- -
- United Kingdom
- -
- May 9 2013
The Chief Executive of the PRA, Andrew Bailey, has recently expressed his concern regarding the implementation of the Solvency II directive. One of
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