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Financial Stability Oversight Council meeting

  • Mayer Brown LLP
  • -
  • USA
  • -
  • January 31 2011

The Dodd-Frank Act provided the Financial Stability Oversight Council ("FSOC") with the authority to require federal supervision of certain non-bank financial companies and to impose prudential standards upon such firms if it is determined that the financial distress or the size, interconnectedness or activities of such firms pose a threat to the financial stability of the United States

Dodd-Frank: Title II Orderly Liquidation Authority

  • Mayer Brown LLP
  • -
  • USA
  • -
  • January 31 2011

On 18 January 2011, the Federal Deposit Insurance Corporation ("FDIC") issued an interim final rule (the "Rule") with request for comments regarding certain provisions of Title II of the Dodd-Frank Wall Street Reform and Consumer Protection Act ("Dodd- Frank Act"

NAIC’s Fall 2010 National Meeting

  • Mayer Brown LLP
  • -
  • USA
  • -
  • November 29 2010

The National Association of Insurance Commissioners ("NAIC") held its 2010 Fall National Meeting from 16 October until 21 October 2010

Treatment of swap agreements under insurance insolvencies state developments

  • Mayer Brown LLP
  • -
  • USA
  • -
  • November 29 2010

The treatment of derivatives, or "qualified financial contracts", under state insurance insolvency laws has received increased attention since the financial crisis