Mayer Brown LLP Document Search Results (329)
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|A Second Effort to Establish a National Association of Registered Agents and Brokers (NARAB II)|
Mayer Brown LLP;
December 2, 2014, previously published on November 11, 2014A provision in the federal Gramm-Leach-Bliley Act of 1999 (“GLBA”) provided for the creation of a National Association of Registered Agents and Brokers (NARAB), a nonprofit organization, to administer the licensing of insurance agents and brokers (referred to generically as...
|EU Legislation Facilitates Antitrust Damages Litigation|
Kiran S. Desai, Julian Ellison, Nathalie Jalabert Doury, Robert Klotz, Jens Peter Schmidt; Mayer Brown International LLP;
December 2, 2014, previously published on November 10, 2014Today's sign-off from the national governments in the EU is the final substantive step towards adoption by the EU of legislation on antitrust damages actions.
|CADE Issues New Regulation on Associative Agreements|
Eduardo Molan Gaban; Mayer Brown LLP;
December 2, 2014, previously published on November 7, 2014On November 4, 2014, the Official Gazette ("Gazette") published CADE Resolution No. 10/2014, which establishes the hypotheses of Associative Agreements (provided in Art. 90, item IV, Law No. 12.529 / 2011) subject to the Administrative Council for Economic Defense’s...
|Update on Captive Reserve Framework Implementation|
Mayer Brown LLP;
December 2, 2014, previously published on November 11, 2014As reported in our Second Quarter 2014 Global Corporate Insurance & Regulatory Bulletin, the NAIC has made significant progress in addressing reserve financing issues, particularly those relating to the use of captive reinsurers for so-called AXXX and XXX reserve financing transactions. On...
|NAIC Group Solvency IssuesWorking Group to Revise the Model Holding Company Act to Add Provisions Regarding “Group-Wide Supervision of Internationally Active Insurance Groups”|
Mayer Brown LLP;
November 28, 2014, previously published on November 11, 2014At the NAIC Spring National Meeting inMarch 2014, the Group Solvency Issues (E) Working Group (“GSIWG”) was tasked with considering whether amendments should be made to address issues that have arisen since the adoption of the 2010 amendments to the Model Insurance Holding Company...
|Marine Insurance Warranty Upheld|
Bill Amos, Tow Lu Lim, Jenny W. Y. Yu; Mayer Brown JSM;
November 15, 2014, previously published on October 29, 2014A marine insurance dispute that ascends to Hong Kong’s Court of Final Appeal is both a rarity and a matter of international legal interest, given that Hong Kong’s statute is in identical terms to the UK’s seminal Marine Insurance Act 1906. The case in question, Hua Tyan...
|Managing the Electronic Discovery Vendor Relationship|
Patrick Garbe, Chris Hansen; Mayer Brown LLP;
November 15, 2014, previously published on October 2014A large international company is in the midst of antitrust litigation. After carefully selecting the electronic discovery vendor that will handle the processing, hosting, review and production of the responsive documents, the company’s counsel needs to manage the vendor relationship...
|US Securities and Exchange Commission Adopts Amendments to Money Market Fund Rule (Rule 2a-7)|
Leslie S. Cruz, Peter M. McCamman, Amy Ward Pershkow; Mayer Brown LLP;
November 15, 2014, previously published on October 27, 2014On July 23, 2014, the US Securities and Exchange Commission (“SEC”) by a 3-2 vote, adopted amendments to Rule 2a-7 under the Investment Company Act of 1940 (“1940 Act”), as amended (“Rule 2a-7” or the “Rule”).1 Rule 2a-7 imposes quality, liquidity,...
|DC Pensions Flexibility: Legislation Laid Before Parliament|
Ian Wright; Mayer Brown International LLP;
November 15, 2014, previously published on October 2014In the 2014 Budget, the Government announced what it called “the most fundamental reform to the way people access their pensions in almost a century”. The most significant change announced was that, from April 2015, members with defined contribution (“DC”) benefits, meaning...
|Shanghai Free Trade Zone Further Relaxes Foreign Investment Restrictions on First Anniversary|
Gavin W. H. Guo, Betty F. K. Tam; Johnson Stokes & Master Mayer Brown JSM;
November 15, 2014, previously published on November 6, 2014Since its official launch in 2013, the China (Shanghai) Pilot Free Trade Zone (“Shanghai FTZ”) has recently celebrated its first anniversary. Over the past year, various policies relating to foreign investment have been promulgated in the 29 square kilometre Shanghai Free Trade Zone in...