Bankowość · 13.08.2010

Deposit Insurance Regulations; Permanent Increase in Standard Coverage Amount; Advertisement of Membership; International Banking; Foreign Banks

On July 21, 2010, the President signed into law the Dodd-Frank Wall Street Reform and Consumer Protection Act ("Dodd-Frank" Act). Section 335 of the Dodd-Frank Act made permanent the standard maximum deposit insurance ("SMDIA") amount of $250,000. The FDIC is conforming its regulations to reflect this recent congressional action.