September 30, 2011
Insurance companies judged too big to fail are likely to face different rules than their banking counterparts, who were told this week that they will be subject capital surcharges, insurance industry standard setters said on Friday. The International Association of …
August 16, 2011
New rules to ensure no insurance company is too big to fail are set to be drawn up in time for the 2012 meeting of G20 leaders, although unlike banks they may not include capital surcharges, according to industry supervisors. …
June 6, 2011
The largest and riskiest U.S. financial firms could be forced to hold up to twice as much capital as called for in the international Basel III accord, under one plan the Federal Reserve is considering. Fed Governor Daniel Tarullo said …
January 19, 2011
U.S. regulators proposed using six different factors Tuesday to help them gauge when a non-bank financial firm poses risks to the system and merits additional oversight. The Financial Stability Oversight Council agreed in a unanimous vote to open a 30-day …
January 18, 2011
The new council of U.S. regulators will face a major test on Tuesday when it unveils recommendations on how to enforce one of the most recognizable, if inscrutable, aspects of the six-month-old Wall Street reform law: the Volcker rule. The …