FDIC Adopts Rule Limiting Golden Parachute Payments to Insured Depository Institutions and Holding Companies

Summary

The FDIC is introducing a new rule to prevent the misuse of golden parachute and indemnification payments by insured depository institutions and depository institution holding companies, aiming to safeguard the financial stability of these institutions and the federal deposit insurance funds.

Original source language: Federal Register — Federal Deposit Insurance CorporationOpen original release →

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