Bankowość · 19/09/2023

FDIC Proposes Revised Rule for Large Insured Depository Institutions

The FDIC is seeking comment on a proposal to revise its rule requiring resolution plans from large insured depository institutions, with those having $100 billion or more in assets submitting full plans and those with $50 billion to $100 billion in assets submitting informational filings to support the FDIC's resolution readiness in the event of material distress and failure.