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FSOC Determination.pdf

MetLife Inc..pdf
Preview of FSOC Determination
🔗 Source: home.treasury.gov
📊 Size: 237 KB
📄 Pages: 31 pages
⬇️ Downloads: 97

Summary

The Financial Stability Oversight Council determined that material financial distress at MetLife could pose a threat to US financial stability, and therefore MetLife will be supervised by the Board of Governors and subject to enhanced prudential standards. The Council's decision was based on an evaluation of MetLife's businesses and activities, as well as its potential impact on the broader economy. MetLife was given the opportunity to contest the proposed determination through written and oral hearings, and the company's submissions were considered by the Council before making its final decision on December 18, 2014.

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Description

The Financial Stability Oversight Council determined that material financial distress at MetLife could pose a threat to US financial stability, and therefore...

Technical Information

  • File Format: PDF
  • File Size: 237 KB
  • Pages: 31
  • Language: EN
  • Total Downloads: 97
  • Last Updated: 1 week ago

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