On June 3, 2016, the Board of Governors of the Federal Reserve System (the Fed) released for public comment proposed capital standards for two categories of insurers: (a) insurers subject to the Fed’s supervision as a result of their ownership of a federally insured bank or thrift (Non-SIIs) and (b) insurers subject to the Fed’s jurisdiction as a result of their designation by the Financial Stability Oversight Council as systemically important (SIIs). On that date, the Fed also released for public comment proposed prudential standards for SIIs. Please join Mayer Brown lawyers Larry Hamilton and Frank Monaco as they discuss a number of important topics related to these proposed rules, including:
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Mayer Brown’s Global Financial Markets Initiative helps clients deal with the legal and business challenges resulting from the ongoing turbulence in worldwide financial markets. By mobilizing the firm’s global resources from multiple practices and offices, the initiative provides clients with knowledgeable and timely counsel on a broad spectrum of their legal needs.
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