IMPLEMENTATION LEVEL

Subnational

AFFECTED FLOW

Inflow

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 13 Nov 2013 | Removal date: open ended

FDI: Entry and ownership rule

On November 13, 2013, the governor of New York signed into law a bill (A02130Z) that increases the permitted foreign investments by life insurance companies from sixteen to twenty percent of the insurer's assets.

AFFECTED COUNTRIES

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