Insurance Capital Standards Clarification Act of 2014

The Insurance Capital Standards Clarification Act of 2014 clarifies the application of certain leverage and risk-based requirements under the Dodd-Frank Wall Street Reform and Consumer Protection Act. The act amends section 171 of the Dodd-Frank Act to define terms related to insurance businesses, regulated foreign subsidiaries, and affiliates. It also provides a rule of construction on the Board's authority to issue regulations and orders relating to capital requirements for depository institution holding companies or nonbank financial companies supervised by the Board of Governors.