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 ...
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 Situation: The Federal Deposit Insurance Corporation (FDIC) has issued a final rule which substantively changes the scope and expectations for Insured Depository Institution (IDI) resolution plans ...
Large financial institutions in the U.S. and many other countries are now required by the Dodd-Frank Act or similar laws to submit detailed information on their operations, risk management policies ...
None of the big Canadian insurers made the Financial Stability Board’s (FSB) inaugural list of firms that are subject to global resolution planning standards. The FSB issued its annual report on ...
On Nov. 1, 2019, the U.S. federal banking regulators published three final rules for both U.S. banks and non-U.S. banks with banking operations in the United States. In this edition of her ...