Situation Overview: A U.S. bank regulator signaled potential relaxation of resolution planning requirements for banks, while the Financial Stability Board (FSB) reiterated its support and focus on ...

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 ...

August 12, 2024 - On June 20, 2024, the Federal Deposit Insurance Corporation (FDIC) issued a final rule (Final Rule) which will significantly increase the resolution planning requirements under 12 ...

Federal Reserve Gov. Michelle Bowman supported the final guidance large, non-systemic banks Monday, though she voted against the proposal and had "reservations" about the finished product. Washington ...

Key insight: Gould says Covered Insured Depository Institution resolution plans, or CIDI plans, are not founded in statute and outsource regulators' core mission, while big-bank 165(d) plans are more ...