To take the chill off the long winter, here is another installment of the FORC Journal.
Tasha Cycholl Smith, Editor
By Brian T. Casey, Esq., LOCKE LORD LLP and Benjamin Sykes, Esq., LOCKE LORD LLP
UNCERTAINTY IN AN EVOLVING REGULATORY ENVIRONMENT
By Robert H. Katz, Esq., BRICKER & ECKLER LLP and Kevin Kinross, Esq., BRICKER & ECKLER LLP
In April 2013, the NAIC Corporate Governance Working Group adopted a white paper entitled “Proposed Responses to a Comparative Analysis of Existing U.S. Corporate Governance Requirements.”
By Scott M. Kosnoff, Esq., FAEGRE BAKER DANIELS, LLP and Sara Manske Powell, Esq., FAEGRE BAKER DANIELS
The recent economic crisis shined a spotlight on financial services companies and their regulation, culminating in 2010 with the adoption of the Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd Frank” or the “Act”).
By Angela Ables, Esq., KERR, IRVINE, RHODES & ABLES, P.C.
The Office of Foreign Assets Control ("OFAC") of the U.S. Department of Treasury administers a series of laws that impose economic sanctions against hostile entities to further U.S. foreign policy and national security objectives.
By Kimberly A. Yelkin, Esq., GARDERE WYNNE SEWELL, LLP and Leslie R. Robnett, Esq., GARDERE WYNNE SEWELL, LLP
As of September 1, 2013, Texas joined some 31 other states in passing legislation that allows the state to license and oversee captive insurance companies, or “captives.”