NAIC liquidity stress test framework definition

NAIC liquidity stress test framework means a separate NAIC publication, which includes a history of the NAIC’s development of regulatory liquidity stress testing, the scope criteria applicable for a specific data year, and the liquidity stress test instructions and reporting templates for a specific data year, such scope criteria, instructions, and reporting template as adopted by the NAIC.

NAIC liquidity stress test framework means the separate NAIC publication, which includes a history of the NAIC’s development of regulatory liquidity stress testing, the scope criteria applicable for a specific data year, and the liquidity stress test instructions and reporting templates for a specific data year, the scope criteria, instructions and reporting template being as adopted by the NAIC and as amended by the NAIC from time to time in accordance with the procedures adopted by the NAIC.

NAIC liquidity stress test framework means a separate NAIC

Examples of NAIC liquidity stress test framework in a sentence

• These criteria are referred to as “scope criteria.” Thus, references below to a company being “scoped” into the NAIC liquidity stress test framework are simply referring to an insurer being considered to have met the criteria.35The ultimate controlling person of an insurance holding company that is operating in this state and that is also scoped into the NAIC liquidity stress test framework must file the results of a specific year’s liquidity stress test.

• Insurers meeting at least one threshold of the NAIC liquidity stress test framework's scope criteria are scoped into the NAIC liquidity stress test framework for the specified data year unless the lead state insurance commissioner, in consultation with the NAIC Financial Stability Task Force or the NAIC Financial Stability Task Force's successor, determines the insurer should not be scoped into the NAIC liquidity stress test framework for that data year.

• Insurers that do not trigger at least one threshold of the scope criteria are considered scoped out of the NAIC liquidity stress test framework for the specified data year, unless the Director, in consultation with the NAIC Financial Stability Task Force or its successor, determines the insurer shall be scoped into the framework for that data year.

• These criteria are referred to as “scope criteria.” Thus, references below to a company being “scoped” into the NAIC liquidity stress test framework are simply referring to an insurer being considered to have met the criteria.35The ultimate controlling person of an insurance holding company that is operating in Ohio and that is also scoped into the NAIC liquidity stress test framework must file the results of a specific year’s liquidity stress test.

• Insurers meeting at least one threshold of the scope criteria are considered scoped into the NAIC liquidity stress test framework for the specified data year unless the lead state insurance commissioner, in consultation with the NAIC financial stability task force or its successor, determines the insurer should not be scoped into the framework for that data year.

More Definitions of NAIC liquidity stress test framework

NAIC liquidity stress test framework means a NAIC publication that includes:

NAIC liquidity stress test framework means a separate NAIC publication that includes a history

NAIC liquidity stress test framework means the NAIC publication which includes a history of the

NAIC liquidity stress test framework or "Framework" means an NAIC publication that includes a

NAIC liquidity stress test framework means a NAIC publication that includes: (a) a history of the NAIC's development of regulatory liquidity stress testing;

NAIC liquidity stress test framework means a separate NAIC publication that includes all of the following components:

NAIC liquidity stress test framework means the separate NAIC publication