Press Release

September 28, 2022 Federal Reserve Board finalizes supervisory framework for insurance organizations that are overseen by the Board For release at 2:00 p.m. EDT Share The Federal Reserve Board on Wednesday finalized a supervisory framework for insurance organizations that are overseen by the Board. The final framework is substantially similar to the proposal made earlier this year. The supervisory framework applies supervisory guidance and resources based on a supervised insurance organization's risk. It also establishes a supervisory rating system for firms based on their risk profiles and describes how examiners incorporate the work of state insurance regulators. The supervisory framework will be effective 30 days after publication in the Federal Register . For media inquiries, please email [email protected] or call 202-452-2955. Board memo (PDF) Federal Register notice Related Content Board Votes

Federal Reserve (2022, September 27). Press Release. Press Releases, Federal Reserve. https://whenthefedspeaks.com/doc/press_release_20220928_federal_reserve_board_finalizes_supervisory

@misc{wtfs_press_release_20220928_federal_reserve_board_finalizes_supervisory,
  author = {Federal Reserve},
  title = {Press Release},
  year = {2022},
  month = {Sep},
  howpublished = {Press Releases, Federal Reserve},
  url = {https://whenthefedspeaks.com/doc/press_release_20220928_federal_reserve_board_finalizes_supervisory},
  note = {Retrieved via When the Fed Speaks corpus}
}