Wash. Admin. Code § 284-13-950

Current through Register Vol. 24-24, December 15, 2024

Section 284-13-950 - Documentation requirements

An insurance company must maintain all documentation and records relating to each derivative transaction, such as:

(1) The purpose or purposes of the transaction;

(2) The assets or liabilities to which the transaction relates;

(3) The specific derivative instrument used in the transaction;

(4) For over-the-counter derivative instrument transactions, the name of the counterparty and the market value; and

(5) For exchange traded derivative instruments, the name of the exchange and the name of the firm that handled the trade and the market value.

Wash. Admin. Code § 284-13-950

Adopted by WSR 14-21-106, Filed 10/15/2014, effective 11/15/2014