The banking industry is on the cusp of more changes in recovery and resolution planning, shaped by shifting regulatory priorities and perspectives on the 2023 regional bank failures. Recent actions by ...
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 ...
Key Insight: The Office of the Comptroller of the Currency will rescind many rules governing large banks' recovery plans, continuing a broader trend among financial regulators toward reducing ...
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