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Regulatory Update: NAIC Summer 2021 National Meeting

Data Matters

Moody’s Analytics, in collaboration with the American Council of Life Insurers, developed the revised bond factors, which are based on more recent historical data, as the data on which the prior factors were based was approximately 30 years old.

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EDPB’s Position on Clinical Trials Creates Friction with Other EU Legislation

HL Chronicle of Data Protection

Clinical trials in the EU include the collection of sensitive health data from patients. Trial sponsors are obliged to reconcile their respect of regulations governing data protection with regulations governing the conduct of clinical trials. Article 3.2 The safeguards surrounding consent in the CTR are more stringent than in the GDPR.

GDPR 40
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Regulatory Update: NAIC Summer 2020 National Meeting

Data Matters

Annuity Suitability Working Group Drafting FAQ Document to Facilitate Uniformity in State Adoption of Revised Suitability in Annuity Transactions Model Regulation. A draft of the FAQ document was exposed for a 30-day comment period to seek feedback regarding whether additional topics should be included in the document.

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Regulatory Update: NAIC Fall 2020 National Meeting

Data Matters

In November 2019, the IAIS agreed to a definition and approach for this assessment, and in November 2020, the IAIS released a draft document setting out the overarching principles and concepts for the assessment of whether the AM provides comparable outcomes to the ICS. 71 for future reference. 43R — Loan-Backed and Structured Securities.