AZOA SERVICES CORP(ALLIANZ OF AMERICA) FORMERLY AZOA SERIVCES CORP/FIREMAN'S FUND(ALLIANZ OF AMERICA for AZOA SERVICES CORP(ALLIANZ OF AMERICA) AND AFFILIATES
What was lobbied
6 issue areas, each in the filer's own words, with who lobbied on it and where.
Torts TOR
Legal/Tort Reform: track the progress of the insurance industry's collaboration on legal reform tort issues at the federal and state levels.
Foreign entity interest: As the ultimate parent of this registrant, Allianz SE, disclosed on Form LD-1, has an interest in the issues lobbied.
| Lobbyist | Covered position, as disclosed |
|---|---|
| PETER A LEFKIN | — |
| ANDREW STEVENS | — |
Banking BAN
Lobby in favor of H.R. 4061. Monitor efforts of the Financial Stability Board (FSB) to designate non-bank, non-insurers as Global Systemically Important Financial Institutions. Lobby in favor of increased transparency regarding the process.
Foreign entity interest: As the ultimate parent of this registrant, Allianz SE, disclosed on Form LD-1 has an interest in the issues lobbied.
| Lobbyist | Covered position, as disclosed |
|---|---|
| PETER A LEFKIN | — |
| ANDREW STEVENS | — |
Financial Institutions/Investments/Securities FIN
Systemic Risk: Argue that asset managers should not be designated as systemically important financial institutions under SEC113 of Dodd-Frank. Also, track international developments regarding systemic risk designation. Mutual Funds: Advocate for the ability to defer annual capital gains taxation of dividends that are reinvested in mutual funds. Lobby in favor of making permanent rules related to investment by nonresident aliens in domestic Mutual Funds. Fiduciary Duty: Monitor SEC's efforts to establish a uniform fiduciary duty standard of investment advisers and broker-dealers. CFTC: Argue against rule that would impose position limits on on commodity index mutual funds. Lobby in favor of the SEC's proposed rule 30e-3 under the Investment Company Act of 1940 regarding electronic delivery of shareholder reports. Lobby for insurers to be permitted to file index-linked annuity products with the SEC using statutory accounting principles
Foreign entity interest: As the ultimate parent of this registrant, Allianz SE, disclosed on Form LD-1 has an interest in the issues lobbied.
| Lobbyist | Covered position, as disclosed |
|---|---|
| PETER A LEFKIN | — |
| ANDREW STEVENS | — |
Taxation/Internal Revenue Code TAX
Related-party reinsurance taxation: Advocate against legislation by Rep. Richard Neal (D-MA) and Sen. Robert Menendez (D-NJ) that would prohibit offshore reinsurance affiliates of insurance companies and not required to pay U.S. taxes from taking deductions for "excel reinsurance premiums" for domestic risks. Monitor efforts to overhaul tax code: Lobby in support of existing law regarding retirement savings products, including inside buildup of life insurance and annuity products, and tax deferral of 401 (k) contributions. Lobby in support of an exception from the Foreign Investment in Real Property Act (FIRPTA) for foreign insurance companies. Lobby for favorable implementation of the Base Erosion Anti-abuse tax for insurers owned by a foreign parent.
Foreign entity interest: As the ultimate parent of the registrant, Allianz SE, disclosed on Form LD-1 and Allianz Capital Partners GmbH, disclosed on this report, have interests in the issues lobbied.
| Lobbyist | Covered position, as disclosed |
|---|---|
| PETER A LEFKIN | — |
| ANDREW STEVENS | — |
Retirement RET
401 (k) Disclosure: Track Department of Labor rulemaking regarding 401 (k)fee disclosure. Argue against possible changes to the tax treatment of life insurance products. Monitor the SEC's recently proposed Standard of Care rule for investment advice. Lobby in support of the Lifetime Income Disclosure Act. Lobby in support of the Retirement Enhancement and Savings Act.
Foreign entity interest: As the ultimate parent of the registrant, Allianz SE, disclosed on Form LD-1 has an interest in the issues lobbied.
| Lobbyist | Covered position, as disclosed |
|---|---|
| PETER A LEFKIN | — |
| ANDREW STEVENS | — |
Insurance INS
Financial Services Regulatory Reform: Lobby for favorable implementation of the Dodd-Frank Wall Street Reform and consumer Protection Act of 2010 regarding insurers, including the possible designation of insurers and asset management companies as systemically important by the Financial Stability Oversight council.
Foreign entity interest: As the ultimate parent of the registrant, Allianz SE, disclosed on Form LD-1, has an interest in the issues lobbied.
| Lobbyist | Covered position, as disclosed |
|---|---|
| PETER A LEFKIN | — |
| ANDREW STEVENS | — |
Foreign entities
Foreign owners and affiliates the filer disclosed. Amounts are as declared on this filing.
| Entity | Country | Principal place of business | Ownership | Contribution declared |
|---|---|---|---|---|
| ALLIANZ CAPITAL PARTNERS GMBH | Germany | Germany | — | $40,000 |
Shown as published by the Senate Office of Public Records and the House Clerk under the Lobbying Disclosure Act. The official filing is the record; open it for the full form.