Agencies Finalizes Resolution Plan Guidance for Certain FBOs
The FDIC and Federal Reserve today finalized guidance for the resolution plans submitted by certain foreign banking organizations starting with ...
Tag: Living wills
Quarles: Post-2008 Reforms Aided Large Banks’ Pandemic Response
Regulatory reforms adopted by the world’s largest banks have bolstered the financial system’s ability to absorb the sudden economic shocks ...
Fed, FDIC Provide Details on ‘Living Wills’ for Largest Banks
The FDIC and the Federal Reserve today provided information to eight large financial institutions to guide their targeted resolution plan ...
Agencies Extend Resolution Plan Deadlines for Certain Firms
As banks continue to address the immediate challenges of the COVID-19 pandemic, the Federal Reserve and the FDIC today announced ...
Agencies Find No Deficiencies in Largest Banks’ ‘Living Wills’
The Federal Reserve and FDIC today determined that the nation’s eight largest banks did not have deficiencies in their most ...
Fed Finalizes Regulatory Tailoring Proposal for Large Firms
The Federal Reserve today approved its long-awaited framework for tailoring enhanced prudential standards for firms with $100 billion or more ...
Regulators Extend Resolution Plan Submission Deadline
The Federal Reserve and FDIC today announced that they would extend the resolution plan filing deadline for 82 foreign banks ...
ABA to FSB: Post-Crisis Framework Has Addressed ‘Too Big to Fail’ in U.S.
As the Basel, Switzerland-based Financial Stability Board begins the process of evaluating whether post-financial crisis regulatory efforts are reducing the ...
ABA Welcomes Resolution Plan Tailoring Proposals, Urges Refinements
ABA, along with the Bank Policy Institute and the Securities Industry and Financial Markets Association, today expressed its support for ...
FDIC Proposes Tailoring ‘Living Will’ Requirements for Large Banks
The FDIC today sought public feedback on potential changes to its resolution planning framework for financial companies’ bank subsidiaries with ...
