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Federal Housing Finance Agency proposes new rules on lender-placed insurance
- Pillsbury Winthrop Shaw Pittman LLP
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- USA
- -
- May 16 2013
On March 29, the Federal Housing Finance Agency (FHFA) proposed consideration of new regulation on lender-placed insurance. The FHFA specifically
Captive insurance and reinsurance
- William Fry
- -
- Ireland
- -
- May 15 2013
This briefing explains why Ireland is proving so attractive a location to the captive industry. It also explains the application process involved in
Assured and UBS agree to settle RMBS litigation for $358 million
- Orrick Herrington & Sutcliffe LLP
- -
- USA
- -
- May 13 2013
On May 6, monoline insurer Assured Guaranty Ltd. announced a $358 million settlement with UBS and its affiliates stemming from losses on residential
New York appellate court reinstates fraudulent inducement claim against Goldman and M&T Bank
- Orrick Herrington & Sutcliffe LLP
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- USA
- -
- May 13 2013
On May 7, New York's First Department appellate court reinstated CIFG Assurance North America, Inc.'s fraud claim against Goldman Sachs & Co. and M&T
Equitable tolling allowed in alleged scheme reinsuring private mortgage insurance
- Jorden Burt LLP
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- USA
- -
- May 13 2013
Plaintiff homeowners filed a putative class against Bank of America Corp. ("BOA"), Bank of America Reinsurance Corp. ("BOARC") and three primary
Financial services legislative and regulatory update
- Mintz Levin Cohn Ferris Glovsky and Popeo PC
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- USA
- -
- May 13 2013
What had been a relatively quiet week, where until Friday it seemed like the biggest news was that Treasury Secretary Jack Lew was working on his
Bank of Ireland to sell New Ireland Assurance
- William Fry
- -
- Ireland
- -
- May 10 2013
It is reported that preparations are on-going at Bank of Ireland's life assurance arm for the sale of its subsidiary, New Ireland Assurance after
Insurers must implement new anti-money laundering rules by 2015
- Mayer Brown LLP
- -
- China
- -
- May 9 2013
The People's Bank of China ("Central Bank") has revamped the country's anti-money laundering rules governing financial institutions, including
This week at the UK regulators - 7 May 2013
- Clifford Chance LLP
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- United Kingdom
- -
- May 7 2013
The FCA has remained active on all fronts during the past week. It has charged more individuals in connection with criminal investigations into
Court issues summary judgment ruling in MBIA’s RMBS action against Countrywide
- Orrick Herrington & Sutcliffe LLP
- -
- USA
- -
- May 6 2013
On April 29, Justice Eileen Bransten of the New York State Supreme Court issued an opinion granting in part and denying in part competing motions for
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