NAIC Principles-Based Bond Update: Understanding Challenges and Solutions as the Deadline Approaches
NAIC's changes in bond classifications for reporting by insurance companies will come into force in January 2025. Understanding what data is required to accurately categorize assets is paramount to ensuring that your firm is ready for the upcoming changes. Bloomberg will provide an update on our solution as well as discuss some of the open issues that the industry is struggling with as the deadline looms.
Speakers
Jason Palsgrove
Product Manager, Enterprise Regulatory Content
Bloomberg
Jason Palsgrove is a Product Manager in the Enterprise Regulatory Content Team at Bloomberg. He manages several of Bloomberg's regulatory offerings including MiFID II, Solvency II, Tax and various SEC Rules.
Michael Chalkley
Product Manager, Regulatory & Accounting
Bloomberg
Michael Chalkley is the Product Manager for Bloomberg's Enterprise Sanctions and Compliance solutions. Starting at Bloomberg in 2007, he has 15+ years of experience covering data management in Fixed Income and Structured Products as well as his current role as a Product Manager for Enterprise level Regulatory & Accounting and accounting solutions.