International Insurance Standards Transparency and Policyholder Protection Act of 2015

Summary

International Insurance Standards Transparency and Policyholder Protection Act of 2015 This bill prescribes negotiating objectives for international insurance regulatory frameworks, including: (1) standards, requirements, and rules focused solely upon protection of policy holders, as reflected in the U.S. solvency regime; and (2) a negotiated international insurance regulatory framework that recognizes U.S. prudential measures as equivalent to foreign measures. U.S. representatives are prohibited from agreeing to, accepting or establishing , any international standard applicable to: insurers, capital standards, and rules designed for banks; any insurer that has not been designated a systemically important financial institution under U.S. law or a global systemically important insurer by the Financial Stability Oversight Council, capital standards and rules designed for systemically important bank or non-bank financial institutions, and any capital standard or rule governing U.S. insurance entities (except entities designated under the Dodd-Frank Wall Street Reform and Consumer Protection Act) unless it is designed solely to help ensure that sufficient funds are available to pay claims to an insurer's policyholders in the event of the entity's liquidation. The President must fulfill specified congressional consultation and public notice requirements with respect to any international insurance regulatory framework.

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Timeline

1. 30 April 2015

   Introduced

   Referred to the House Committee on Financial Services.

   Source: IntroReferral

2. 30 April 2015

   Introduced

   Introduced in House

   Source: IntroReferral

3. 30 April 2015

   Introduced

   Introduced in House

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 30 April 2015 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 30 April 2015

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 30 April 2015

  ViewDownloadOpen at official source

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• Introduced in House

  summary · EN · 30 April 2015

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. Duffy, Sean P. [R-WI-7] · R · Sponsor
• Rep. Neugebauer, Randy [R-TX-19] · R · Sponsor
• Rep. Westmoreland, Lynn A. [R-GA-3] · R · Sponsor
• Rep. Garrett, Scott [R-NJ-5] · R · Sponsor
• Rep. Huizenga, Bill [R-MI-4] · R · Sponsor
• Rep. Hultgren, Randy [R-IL-14] · R · Cosponsor
• Rep. Amodei, Mark E. [R-NV-2] · R · Cosponsor
• Rep. Hartzler, Vicky [R-MO-4] · R · Cosponsor
• Rep. Ribble, Reid J. [R-WI-8] · R · Cosponsor
• Rep. Young, David [R-IA-3] · R · Cosponsor
• Rep. Fincher, Stephen Lee [R-TN-8] · R · Cosponsor
• Rep. Stivers, Steve [R-OH-15] · R · Cosponsor
• Rep. Walker, Mark [R-NC-6] · R · Cosponsor
• Rep. Poe, Ted [R-TX-2] · R · Cosponsor
• Rep. Jolly, David W. [R-FL-13] · R · Cosponsor
• Rep. Emmer, Tom [R-MN-6] · R · Cosponsor
• Rep. Posey, Bill [R-FL-8] · R · Cosponsor
• Rep. Mooney, Alexander X. [R-WV-2] · R · Cosponsor
• · hsba00 · Standing

Related records

• related to ← Repeal CFPB Act