News & Analysis as of

Parent Corporation Financial Services Industry

Kramer Levin Naftalis & Frankel LLP

New York Legislation Would Impose Group Capital Calculation Requirement

Parent companies of insurers doing business in New York would be required to file a “group capital calculation,” or GCC, with the Superintendent of Financial Services under legislation introduced in the state Senate on May 3,...more

White & Case LLP

Delivering value and managing risks: how human rights are relevant for business

White & Case LLP on

Mounting pressure on businesses to gain clarity on their social and environmental footprint will challenge corporate operations in 2019. New risks are present but there are also opportunities for companies willing actively to...more

King & Spalding

IRS Issues Proposed Regulations Limiting the Impact of Deemed Dividend Rules Under Section 956

King & Spalding on

On October 31, 2018, the Internal Revenue Service (“IRS”) issued proposed regulations (the “Proposed Regulations”) which likely will facilitate (i) the making of loans by foreign corporate subsidiaries to a U.S. parent...more

Dechert LLP

BEA’s BE-12 Benchmark Survey of Foreign Direct Investments in the United States: Implications for US Asset Managers

Dechert LLP on

Financial services providers that are subsidiaries of a non-U.S. parent (or that have received substantial direct investment from abroad) should evaluate whether they are required to file the Benchmark Survey of Foreign...more

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