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Federal Advisory Committee on Insurance ("FACI") June Meeting: FIO to Continue Focus on Macroprudential Issues | Foley & Lardner LLP

On June 1, 2023, the Federal Advisory Committee on Insurance (“FACI”) held its June meeting. Below is a summary of the topics discussed with emphasis on areas we found particularly...
United States Julia Ditkoff Steven Seitz National Association Of Insurance Insurance Office International Association Of Insurance Supervisors

FSOC Systemic Risk Framework and Interpretive Guidance on Nonbank SIFI Designations - Financial Stability Oversight Council Renews Efforts to Identify and Regulate Nonbank "Systemically Important Financial Institutions" | Davis Wright Tremaine LLP

On April 21, 2023, the Financial Stability Oversight Council ("FSOC") issued two important proposals regarding the designation of a nonbank financial firm as a systemically important...
United States Analytic Framework The Council Interpretive Guidance On Nonbank Financial Company Determinations Davis Wright Tremaine Financial Stability Oversight Council Federal Reserve

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