Details

Service: Advisory, Risk Consulting, Financial Risk Management
Industry: Banking & Capital Markets
Type: Publication series
Date: 10/4/2011

Regulatory Practice Letter #11-22

Resolution Plans for Large BHCs, Systemically Important Firms and Insured Institutions – FDIC/Fed Joint Final Rule, FDIC Interim Final Rule

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The Board of the Federal Deposit Insurance Corporation (“FDIC”) has approved the release of a Final Rule, developed jointly with the Federal Reserve Board (“Fed”), that requires U.S, bank holding companies (“BHCs”), including foreign banks or companies treated as BHCs, with total consolidated assets of $50 billion or more and systemically important nonbank financial companies supervised by the Fed (together,

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