The Fed's Proposed Capital Rules Could Be Overly Complex

Law360, New York (May 27, 2016, 10:27 AM EDT) -- Lawrence R. Hamilton

David W. Alberts

Francis R. Monaco On Friday, May 20, 2016, Daniel Tarullo, a member of the board of governors of the U.S. Federal Reserve System, previewed a conceptual proposal for capital standards that will be applied to insurers subject to the board's supervision. In a speech at the International Insurance Forum in Washington, D.C., sponsored by the National Association of Insurance Commissioners (NAIC), Gov. Tarullo announced that the board would issue an advance notice of proposed rulemaking (ANPR) in the coming weeks to solicit feedback from regulators, the U.S. insurance industry and other interested parties on a two-pronged...

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