Close Close
Popular Financial Topics Discover relevant content from across the suite of ALM legal publications From the Industry More content from ThinkAdvisor and select sponsors Investment Advisor Issue Gallery Read digital editions of Investment Advisor Magazine Tax Facts Get clear, current, and reliable answers to pressing tax questions
Luminaries Awards
ThinkAdvisor

Financial Planning > Behavioral Finance

Connecticut to Work with Switzerland

X
Your article was successfully shared with the contacts you provided.

The Connecticut Insurance Department and the Swiss Financial Market Supervisory Authority have signed a memorandum of understanding.

The memorandum of understanding with the Swiss FINMA agency calls for the Connecticut department and FINMA to team up to handle international regulatory matters.

The Connecticut department and FINMA can ask for help from each other. “That includes obtaining information on a regulated company or individual,” Connecticut department officials say.

The Connecticut department already has similar arrangements with national financial regulators in the Netherlands and Germany, and it has applied to be a signatory to the International Association of Insurance Supervisors Multilateral Memorandum of Understanding on Cooperation and Information Exchange. That memorandum now includes 17 non-U.S. jurisdictions.


NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.