Regulatory AlertsSR 22-8: Framework for the Supervision of Insurance Organizations
The Board of Governors of the Federal Reserve System issued SR 22-8 to establish a supervisory framework tailored to the distinct risk profiles of supervised insurance organizations. The guidance mandates a proportional application of supervisory resources based on a risk-based categorization of institutions as complex or noncomplex. It also defines the ratings system for these entities and outlines procedures for incorporating the oversight work of state insurance regulators.
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