Study and Report to Congress on the Impact on Consumers and Markets in the United States of a Final International Insurance Capital Standard — 2024-07-12 [2024-15348]

Board of Governors of the Federal Reserve System and Federal Insurance Office, Department of the Treasury. Notice of commencement of report drafting. The Board of Governors of the Federal Reserve System (Board) and the Federal Insurance Office (FIO) of the Department of the Treasury (together, the agencies) are providing notice that the agencies intend to commence drafting a report to Congress on the impact on consumers and markets in the United States before supporting or consenting to the adoption of any final international insurance capital standard. This report is contemplated by section 211(c)(3) of the Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRRCPA). The agencies intend to commence drafting the report after July 12, 2024.