The guidelines comprise the principles and provision of the Code of Corporate Governance, which apply to all financial institutions within scope, and additional guidelines for locally incorporated financial institutions
Vermont governor Phil Scott has signed new captive bill legislation into law, which aims to strengthen the state’s captive regulation in a variety of areas
Governor Jay Inslee signed a bill into law that would see the creation of a framework in Washington for registering eligible captive insurers and imposing a premium tax on the risk covered by premiums allocable to the state
A bill that was submitted during the Washington State 2021 legislative session was signed by Speaker of the House Laurie Jinkins on 12 April
The ability for Alabama to create captive solutions for the unique interests of captive owners, opens the door for exceptional growth in the forthcoming years, according to the ACIA
North Carolina has introduced a captive bill, which includes two proposed changes affecting the premium tax paid by captive insurers
The Dubai Financial Services Authority’s board has approved the revised solvency regime for captive insurers after positive feedback from the industry, effective 1 April 2021