Fed unveils plans for two-tier capital approach

The US Federal Reserve board has proposed two separate capital
standards that could apply to systemically important insurance
companies and to insurance companies that own a bank or a
thrift.
In a statement released on Friday (3 June), the board presented
an advance notice of proposed rulemaking (ANPR), which works in the
same way as a consultation and invites comments on the two
approaches for capital standards.
The so-called consolidated approach would apply to systemically
important insurance