JD Supra

FDIC Finalizes Large Bank Resolution Plan Rule and OCC Proposes Changes to Recovery Plans

The FDIC recently finalized its resolution planning rule for large banks, which becomes effective October 1, 2024. Resolution plans, or "living wills," are plans to wind down operations in the event ...
American Banker

FDIC proposes slim resolution plans, lower insurance fees

The Federal Deposit Insurance Corp. issued proposals Thursday that would reduce planning requirements for big banks and slash ...
CoinDesk

President Warming Up His Pen to Sign Resolution to Kill IRS Crypto Rule If Passed

The White House is signaling a likely approval from President Donald Trump if a congressional resolution hits his desk that would rescind a crypto Internal Revenue Service rule approved just before he ...
JD Supra

FDIC and OCC Focus on Resolution and Recovery Capabilities Testing

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 ...