Model Regulation News Today

The final rule applies fiduciary status for investment sales, rollover recommendations and annuity sales.

BISHKEK, 9 April 2024 - The OSCE Programme Office in Bishkek provided support to the Ministry of Economy and Commerce of the Kyrgyz Republic by developing a comprehensive methodology aimed at enhancing the monitoring and evaluation (M&E) practices of projects funded by the Local Development Funds (LDFs).

The Reinsurance (E) Task Force ("RTF") of the US National Association of Insurance Commissioners ("NAIC") held a virtual meeting on November 16, 2023...

On October 31, 2023, the Department of Labor published a new proposed regulation (the “Proposed Rule”) defining “investment advice” for purposes of determining when someone advising an...

On June 20, Minister of Digital Development and Transport (MDDT) Rashad Nabiyev met with Tech Mahindras senior vice-president Sandip Padke and Shobita Shetty, the companys head of strategy for Europe, Great Britain, and Ireland, who are visiting Azerbaijan, Azernews reports, citing MDDT.

As Actuarial Guideline 49-B takes effect, some predict a indexed universal sales hit while others don’t see much change in illustrated rates.

On February 24th, the NAIC Life Insurance and Annuity (A) Committee (A Committee) adopted amendments to Actuarial Guideline (AG) 49-A to address a concern raised by state insurance...

In 2020, the National Association of Insurance Commissioners (the NAIC) revised the Insurance Holding Company System Regulatory Act (the “Model Law”) and Insurance Holding Company...

On October 12th, the NAIC Life Insurance and Annuity (A) Committee’s Indexed Universal Life (IUL) Illustration (A) Subgroup (IUL Subgroup) exposed for comment four options to amend...

Last week The US National Association of Insurance Commissioners ("NAIC") held its National Summer Meeting from August 9 through August 13.