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Bankowość centralna · 15/08/2024

FDIC and Board Adopt Final Guidance for Resolution Plan Submissions by Domestic Banking Organizations

The FDIC and the Board are adopting final guidance for domestic banking organizations to develop resolution plans for 2025 and subsequent submissions, helping firms comply with the Dodd-Frank Act and jointly issued regulation. The guidance clarifies expectations for key vulnerabilities in plans for orderly resolution under the U.S. Bankruptcy Code, depending on the chosen resolution strategy.

Source: Federal Register — Federal ReserveOpen original release →