The Federal Housing Finance Agency is publishing a final rule that requires Fannie Mae and Freddie Mac to develop plans to facilitate their rapid and orderly resolution in the event FHFA is appointed ...
On June 20, the FDIC adopted its final rule amending the resolution planning requirements for large banks. The amended rule will amend 12 C.F.R. Part 360 “Resolutions and Receivership Rules,” and, ...
Large financial institutions in the U.S. and many other countries are now required by the Dodd-Frank Act or similar laws to submit detailed information on their operations, risk management policies ...
On July 30, the Fed and the FDIC published final guidance to enhance resolution planning at large banks. The guidance aims to assist certain larger financial institutions in developing their ...
None of the big Canadian insurers made the Financial Stability Board’s (FSB) inaugural list of firms that are subject to global resolution planning standards. The FSB issued its annual report on ...
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 ...
On Nov. 1, 2019, the U.S. federal banking regulators published three final rules for both U.S. banks and non-U.S. banks with banking operations in the United States. In this edition of her ...
KARACHI: The State Bank of Pakistan (SBP) has issued guidelines on core information requirements for resolution planning, directing banks to submit detailed data for preparing advance strategies to ...