Browsing: SIFIs

Newsbytes

The House today voted unanimously to pass the American Bankers Association-supported H.R. 4292, which would extend the submission cycle for large bank resolution plans — also known as “living wills” — to once every two years and require timely regulator feedback.

Newsbytes

The Federal Reserve today proposed new guidance setting forth its core principles of effective risk management by large banks, including expectations for senior management, business line management and independent risk management and controls.

Economy

ABA today wrote to House leaders in support of H.R. 3312, the Systemic Risk Designation Improvement Act of 2017 — a key part of the association’s Blueprint for Growth — which is expected to be up for consideration before the full House tomorrow.

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