Restructuring Mechanisms (E) Subgroup
Charges

2023 Membership

2023 Adopted Charges

The Restructuring Mechanisms (E) Subgroup of the Restructuring Mechanisms (E) Working Group will:

  1. Develop best practices to be used in considering the approval of proposed restructuring transactions, including, among other things, the expected level of reserves and capital expected after the transfer, along with the adequacy of long-term liquidity needs. Also, develop best practices to be used in monitoring the companies after the transaction is completed. Once completed, recommend to the Financial Regulation Standards and Accreditation (F) Committee for its consideration.
  2. Consider the need to make changes to the RBC formula to better assess the minimum surplus requirements for companies in runoff.
  3. Review the various restructuring mechanisms, and develop, if deemed needed, accounting and reporting requirements for referring to the Statutory Accounting Principles (E) Working Group.
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Contacts

Media Inquiries
(816) 783-8909
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Contacts

Dan Daveline 
Director, Financial Regulatory Services 
816.783.8134 

Robin Marcotte 
Senior Manager II, Accounting Policy
816.783.8124 

Please see the current Committee List for a complete list of committee members.