FC&S Legal has published “Federal Reserve Publishes Advance Notice of Proposed Rulemaking on Capital Requirements for Insurers” in its Eye on the Experts column.
This Eye on the Experts article by Alexander R. Cochran, Thomas M. Kelly, Gregory J. Lyons, James C. Scoville, and John M. Vasily, partners at Debevoise & Plimpton LLP, outlines the Board of Governors of the Federal Reserve System's recently issued advance notice of proposed rulemaking's (“ANPR”) approach to capital requirements for savings and loan holding companies engaged significantly in insurance activities, the ANPR's approach for non-bank systemically important financial institutions that engage significantly in insurance activities, some of the alternatives that the Federal Reserve considered, but ultimately rejected, and some of the potential impacts of the ANPR.

