Please view our July 2013 Global Corporate Insurance & Regulatory Bulletin which includes the following:

  • Global - G-20's Financial Stability Board Announces List of Global Systemically Important Insurers

Asia

  • China - Altitude Sickness Insurance Introduced
  • China - Deregulation Expected to Facilitate Entry by Foreign Insurers
  • Hong Kong - Defendants Aren't Always Required to Disclose Documents Referred to in their Pleadings
  • Myanmar - Myanmar Formally Accedes to the New York Convention
  • Vietnam - Joint Venture Between MetLife and State-Owned Enterprise

UK/Europe

  • UK - FCA Review of Mobile Phone Insurance
  • UK - FCA speech on the regulation of insurance broking
  • UK - FCA study into insurance industry 'add-ons'

US/Americas

  • US - FSOC's Designation of Systemically Important Insurers
  • US - Update on NAIC White Paper on Captives and SPVs
  • US - New NAIC "Private Equity Issues Working Group"
  • US - NY DFS Scrutinizing Acquisition of Aviva's U.S. Operations by Athene
  • US - NY DFS's Iran Sanctions Initiative
  • US - Proposed New Rules for Accounting for Insurance Contracts
  • US - IRS Postpones FATCA Withholding
  • US - Connecticut Requires the NAIC Climate Risk Survey for Large Insurers

If you have any query in connection with anything in this Bulletin, please do not hesitate to get in touch with your usual Mayer Brown contact or one of the contacts referred to below:

Edited by Archis A. Parasharami and Kevin S. Ranlett

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