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EU: Binding Corporate Rules are Generating Greater Interest

DLA Piper Privacy Matters

The prevailing trend so far has been to use the Standard Contractual Clauses (“SCCs”) approved by the European Commission to legitimise any personal data transfers from the EU to third countries. For many multinationals this has led to reconsidering their framework for transferring personal data from the EU to third countries.

GDPR 40
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Regulatory Update: NAIC Summer 2021 National Meeting

Data Matters

Among other matters, the revised bond factors establish a more granular rating analysis by expanding the number of bond designation categories from the previous six categories to 20 categories. state regulatory approach to group supervision and group capital.” The changes are effective December 31, 2021.

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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. NAIC Considers Comments to the Group Capital Calculation Template and Instructions and Related Revisions to the Insurance Holding Company Act . Revisions to Model 440.

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Regulatory Update: NAIC Fall 2020 National Meeting

Data Matters

NAIC Adopts the Group Capital Calculation Template and Instructions and Related Revisions to the Insurance Holding Company Act. Development of the GCC template and instructions began in 2015 by the GCC Working Group in an effort to provide U.S. Insurance groups will be exempt from filing a GCC if.