Treasury To Convene First Series of Conversations with Domestic and International Regulators

The Department of the Treasury announced today that it will convene meetings with domestic and international insurance regulators focused on recent developments in private credit markets. This first series of meetings will allow participants to survey recent market events, emerging risks, risk management practices, and outlooks for the sector. As a part of its ongoing monitoring of financial markets, the Treasury Department regularly confers with federal financial regulators. This first series of meetings will facilitate greater regular communication with the state insurance regulators, who serve as the insurance industry’s primary regulators, and lay the groundwork for sustained close collaboration.More gatherings are planned throughout the summer.