Bank Holding Company Act of 1956  Bank Holding Company Act of 1956 govinfo.gov/content/pkg/STATUTE-70/pdf/STATUTE-70-Pg133.pdf Bank Holding Company Act – SEC. 4. – 3p FRB – Financial Holding Companies (Section 4(k) of the BHC Act) – [PDF-101p] (Page 4) A company is a nonbank financial company, and thus eligible for a determination by the Council, if it…

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SBLI – Savings Banks Life Insurance 1935 – FRB – Massachusetts System of Savings-Bank Life Insurance : Bulletin of the United States Bureau of Labor Statistics, No. 615 – [link] Brandeis Massachusetts has begun an insurance which may have far-reaching effects. She has authorized her savings banks to establish life insurance departments. Several banks have…

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Senate Banking Committee Senate – Banking, Housing, and Urban Affairs Committee Securities, Insurance, and Investment banking.senate.gov/ banking.senate.gov/hearings/ banking.senate.gov/themes/banking/hearing_archive/_hearings.htm banking.senate.gov/themes/banking/hearing_archive/_hearing2.htm senate.gov/pagelayout/general/one_item_and_teasers/waf.htm?REFID=18.3c472317.1698990565.53b041 Request not Accepted  Your submitted request contained a potential security risk.  Please try your submission again using natively composed plain text (not copied and pasted from another document), with few or no hyperlinks, or other…

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Bankers Obviously, millions of American citizens have either no life insurance coverage or inadequate coverage. If states use their right to authorize banks to sell insurance, we believe we have the potential to make such protection available through low-cost term life insurance distributed through bank branches. Today’s insurance marketplace is not mature — it is…

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Run on the Bank A bank run is the sudden withdrawal of deposits of just one bank. A banking panic or bank panic is a financial crisis that occurs when many banks suffer runs at the same time, as a cascading failure. In a systemic banking crisis, all or almost all of the banking capital in a country is wiped out; this can…

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Nonbank Financial Conglomerate Nonbank Banks Nonbank Financial Companies sechistorical.org/museum/galleries/mec/mec05b_modernization_nonbank.php According to the Dodd-Frank Act, nonbank financial companies are domestic companies or foreign companies that predominantly are engaged in financial activities (such as insurance companies, consumer finance providers, commercial lenders, asset managers, and investment funds) but that are not bank holding companies or certain other types…

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BOE – Bank of England bankofengland.co.uk Vicky Saporta 2017 – BOE – Douglas, G., Noss, J., and Vause, N. (2017). The impact of solvency ii regulations on life insurers’ investment behaviour. Bank of England Staff Working Paper No. 664 – 30p 2022 02 – BOE – Modelling fire sale contagion across banks and non-banks, Staff…

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WorldBank worldbank.org/en/home International Bank for Reconstruction and Development In contrast, many of the investment-oriented products marketed in the last decade have shorter duration and require greater liquidity than was needed in earlier … 1992 – World Bank – The Life Insurance Industry in the United States:  An Analysis of Economic and Regulatory Issues, Kenneth M. Wright – 54p…

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Central Banks Basel Committee on Banking Supervision (BCBS) en.wikipedia.org/wiki/Basel_Committee_on_Banking_Supervision is a committee of banking supervisory authorities that was established by the central bank governors of the Group of Ten countries in 1974. DOCS Core Principles for Effective Banking Supervision Concordat on cross-border banking supervision Bank for International Settlements (BIS) is an international financial institution owned…

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Bank-Like The regulation provides for the pre-funding of cash values, so that the amounts will be available upon policyholder demand, and will not be contingent upon sufficient surplus being available at that time to cover what is the equivalent to a demand deposit. The regulation relies heavily on the NAIC Universal Life Insurance Model Regulation…

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