Several U.S. banking agencies recently approved a joint final rule, set to go into effect on January 1, 2013, regarding the amount of capital required under risk-based capital rules for banking organizations to cover market risk. The new rule aims to revise banking organizations’ internal modeling practices to better analyze and calculate their exposure to
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Structured Finance Update: Delaware Legislature Considers Law That Would Protect Investors
By Krystyna Blakeslee on
The Delaware General Assembly is considering a bill that would allow the owner of a rescinded life insurance policy to receive a refund of the premiums it paid in the event that the life insurance company rescinds the policy on the grounds that the policy holder lacked an insurable interest. Patrick Dolan and Robert Alleman…