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Insurance Industry Comment Period Financial Services Industry

Kramer Levin Naftalis & Frankel LLP

Department of Financial Services Issues Guidance on Group Capital Calculation Exemptions

New York-domiciled insurers should consider new guidance from the New York Department of Financial Services (DFS) to determine whether they might be exempt from group capital calculation (GCC) requirements. In its proposed...more

Goodwin

SEC Releases 2021 Examination Priorities

Goodwin on

In this Issue. The U.S. Securities and Exchange Commission (SEC) Division of Examinations released its 2021 Examination Priorities and issued a risk alert noting that “Digital Asset Securities” entail characteristics and...more

Hogan Lovells

UK: Focus on Climate Change and Green Finance

Hogan Lovells on

On 5 June 2019, the Treasury Committee launched an inquiry into the decarbonisation of the UK economy and green finance which will look at the role of the UK regulators and financial services firms in supporting the...more

Hogan Lovells

Corporate Insurance Newsletter – August 2018

Hogan Lovells on

The Hogan Lovells’ Corporate Insurance Newsletter for August has been published. This provides a round-up of UK, EU and international regulatory developments relevant to UK based insurance market participants. ...more

Hogan Lovells

The new policyholder protection rules - Alert 6

Hogan Lovells on

On 2 March 2018, the Financial Services Board published for comment proposed amendments to the Policyholder Protection Rules. Comments are required by 13 April 2018 and the below amended rules are envisaged to come into...more

Hogan Lovells

The new policyholder protection rules - Alert 5

Hogan Lovells on

On 2 March 2018, the Financial Services Board published for comment proposed amendments to the Policyholder Protection Rules. Comments are required by 13 April 2018 and the below amended rules are envisaged to come into...more

Hogan Lovells

NYDFS proposed regulation addresses financial disclosure requirements for directors and officers of private equity buyers of...

Hogan Lovells on

On August 9, 2017, the New York Department of Financial Services (NYDFS) released for public comment proposed amendments to its regulations governing the approval process for the acquisition of control of insurance companies...more

Hogan Lovells

UK: FCA call for input on access to insurance

Hogan Lovells on

On 20 June 2017, the Financial Conduct Authority (“FCA“) published a Call for Input inviting firms (amongst other stakeholders) to submit their views on the challenges they face in providing travel insurance to consumers who...more

Carlton Fields

NY DFS Proposed Cybersecurity Regulations Revised and Implementation Delayed

Carlton Fields on

We previously reported on the New York Department of Financial Services’ proposed cybersecurity regulations. During the public comment period, the DFS received over 150 comments. In response, the DFS announced on December 28,...more

Bond Schoeneck & King PLLC

Cybersecurity and Data Privacy: New York State Department of Financial Services to Implement Regulations Applicable to All...

Following a public comment period, the New York State Department of Financial Services (DFS) has published a modified version of new regulations, previously issued on September 13, 2016, aimed at creating higher cybersecurity...more

Ballard Spahr LLP

NYDFS Revises Cybersecurity Regulation, Extends Effective Date to March 1, 2017

Ballard Spahr LLP on

The New York Department of Financial Services (NYDFS) announced today a revised regulation that will require all institutions subject to NYDFS supervision to establish and maintain a cybersecurity program meeting "certain...more

Proskauer on Privacy

New York Department of Financial Services Proposes Cybersecurity Regulation

Proskauer on Privacy on

On September 13, 2016, New York Governor Andrew Cuomo announced that the New York Department of Financial Services (the “DFS”) proposed a regulation that would require banks, insurance companies, and other financial services...more

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