Committee Comments to Congress on Insurance Capital Standards Bill

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Publish Date:

12/2/2014

Category:

Policy & Research

Topics:

Financial Reporting, Risk Management, Solvency

Solvency Committee comments to members of the U.S. House of Representatives and the U.S. Senate in support of passage of the Insurance Capital Standards Clarification Act of 2014, which clarifies that the Federal Reserve has the authority to differentiate between banks and insurers in terms of capital requirements.