The Dodd-Frank Wall Street Reform and Consumer Protection Act, commonly referred to as the Dodd-Frank Act, marked a significant milestone in financial regulation.
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LorenzoWed Jul 03 2024
Among its various provisions, the Dodd-Frank Act established the Federal Insurance Office (FIO) as an integral component within the U.S. Department of the Treasury.
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ClaudioWed Jul 03 2024
The primary mandate of the FIO revolves around ensuring financial stability and overseeing the insurance sector.
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IlariaWed Jul 03 2024
The Dodd-Frank Act empowers the FIO with specific responsibilities to monitor and assess the insurance industry's impact on the financial system.
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LorenzoTue Jul 02 2024
In addition to domestic oversight, the FIO is entrusted with international responsibilities, including coordinating with foreign insurance regulators and participating in international fora.