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6 answers
Dario
Wed Jul 03 2024
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.
Lorenzo
Wed 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.
Claudio
Wed Jul 03 2024
The primary mandate of the FIO revolves around ensuring financial stability and overseeing the insurance sector.
Ilaria
Wed 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.
Lorenzo
Tue 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.