FinCEN’s new Beneficial Ownership Information Reporting and Insurance | NY DFS posts Three Consent Orders | Your Guide to Insurance Regs, Bulletins, and Legislation
Weekly snippets from the Insurance Compliance Insight (ICI) Newsletter. A weekly subscription service published by an insurance compliance professional for insurance compliance professionals!
FinCEN’s new Beneficial Ownership Information Reporting and Insurance
FinCEN’s new required Beneficial Ownership Information Reporting mandate began on January 1, so we are almost one month into this major new AML/anti-terrorism and related anti-criminal activity initiative.
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New York DFS posts Three Consent Orders on Mental Health Parity: Fines Range from $400,000 to 925,000
New York Insurance Law § 343 requires insurers to submit information ("343 Reports"), as defined by the superintendent regarding the cost-sharing requirements for policies offered in the individual, small and large group markets, including but not limited to copayments and coinsurance, for medical/surgical benefits and mental health and substance use disorder (MH/SUD) benefits.
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Your Guide to Insurance Regulations, Bulletins, and Legislation
Alphabetically by line of business/topic and then by state.
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Resources: DOL Proposed Fiduciary Rule
We will update this page with new information that becomes available regarding the DOL proposed regulatory amendments.
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