The Rule establishes the requirements for submission and content of a Resolution Plan, as well as procedures for review by the FDIC. The plans will supplement the FDIC’s own resolution planning work with information that would help facilitate an orderly resolution in the event of failure.
There are a projected 120 institutions that are listed as systemically important and will have a financial impact if they fail; these institutions must submit a risk resolution plan that would avoid major disruptions.
The first wave of filings has been made public as of July 2, 2012. This overview outlines which companies filed and key factors released by the FDIC.