The FDIC has outlined a significant shift in how the agency approaches resolution planning for large banks, and there are ...
Chair Travis Hill wants to shift resolution planning away from lengthy bank-generated narratives and toward rapid access to ...
The voluminous resolution plans banks are required to submit to regulators are often set aside in the case of actual bank failures. There are far more efficient ways to ensure orderly bank resolutions ...
The Federal Housing Finance Agency is publishing a final rule that requires Fannie Mae and Freddie Mac to develop plans to facilitate their rapid and orderly resolution in the event FHFA is appointed ...
August 12, 2024 - On June 20, 2024, the Federal Deposit Insurance Corporation (FDIC) issued a final rule (Final Rule) which will significantly increase the resolution planning requirements under 12 ...
On June 20, the FDIC adopted its final rule amending the resolution planning requirements for large banks. The amended rule will amend 12 C.F.R. Part 360 “Resolutions and Receivership Rules,” and, ...
The FDIC recently finalized its resolution planning rule for large banks, which becomes effective October 1, 2024. Resolution plans, or "living wills," are plans to wind down operations in the event ...
A growing emphasis across regulatory reporting is being able to demonstrate integrity throughout your reporting process. This is especially true for risk reporting mandates. The Dodd-Frank Act created ...