Page 11 - Model Act News Today : Breaking News, Live Updates & Top Stories | Vimarsana

To print this article, all you need is to be registered or login on Mondaq.com. Enforcing international arbitration awards in foreign jurisdictions has long been a staple of international business. Indeed, the practice is so common that it's governed by an international treaty. The so-called New York Convention was adopted by the United Nations in 1958 and has been ratified by virtually every industrial country in the World, guaranteeing enforceability of foreign arbitration awards as a matter of reciprocity. Less well known is the manner of enforcing foreign law judgm...

advisor or adviser in marketing materials, disclosures, customer agreements, websites, on business cards or on social media while operating in the capacity of a BD’s RR (not as an IA); 13 32 percent of BDs that allowed RRs to use the title had no prerequisite for the RRs’ use of that title ( e.g., requiring the RR to be dually registered as both an RR and IA representative). 14 38 percent of BDs surveyed did not have E&O insurance to cover investor losses. 15 16 2. Reg BI Survey, Phase Two & Examinations, 2021 The Committee plans to conduct Phase Two of the Reg BI Survey this summer, and...

To print this article, all you need is to be registered or login on Mondaq.com. Pharmacy benefit managers (PBMs) should consider the implications of a model law making its way through the National Association of Insurance Commissioners (NAIC) that would establish a licensure requirement and rules of conduct for these participants in the health care marketplace. A number of states have already adopted their own PBM laws, and an NAIC model would be likely to motivate others to do so. On April 12, 2021, the NAIC's Health Insurance and Managed Care Committee, meeting by vi...

Monday, March 8, 2021 In the fall of 2019, we reported that Vermont enacted Senate Bill 41, which granted the Commissioner of the Vermont Department of Financial Regulation (the “Department”) jurisdiction over entities that administer one or more health reimbursement arrangements (“HRAs”), health savings accounts (“HSAs”), and flexible spending accounts (“FSAs”). Senate Bill 41 directed the Department to adopt rules regulating entities that administer HRAs, HSAs, and FSAs. In response to Senate Bill 41, the Department recently issued proposed Regulation 1-2021-01 (th...

We summarized Virginia’s Consumer Data Protection Act (CDPA) in advance of its passage by the legislature and it now awaits Governor Ralph Northam’s signature. This will make Virginia ...