11 CRR-NY 178.6NY-CRR
11 CRR-NY 178.6
11 CRR-NY 178.6
178.6 Documentation and reporting requirements.
In accordance with Part 243 of this Title (Regulation 152), the insurer shall maintain documentation and records relating to each derivative transaction including:
(a) the purpose or purposes of the transaction;
(b) the assets or liabilities (or portfolios thereof) to which the transaction relates;
(c) the specific derivative instruments used in the transaction;
(d) for over-the-counter derivative transactions, the name of the counterparty, and counterparty exposure amount; and
(e) for exchange-traded derivative instruments, the name of the exchange and the name of the firm handling the trade.
11 CRR-NY 178.6
Current through May 31, 2021
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IMPORTANT NOTE REGARDING CONTENT CURRENCY: The "Current through" date indicated immediately above is the date of the most recently produced official NYCRR supplement covering this rule section. For later updates to this section, if any, please: consult editions of the NYS Register published after this date; or contact the NYS Department of State Division of Administrative Rules at [email protected]. See Help for additional information on the currency of this unofficial version of NYS Rules.