FRB and FDIC Proposed Rule for Large Bank Resolution Requirements
On October 14 the FRB and FDIC released a jointly developed advance notice of proposed rulemaking (ANPR) to enhance regulators’ ability to resolve large banks. In particular, the ANPR solicits public input regarding whether an extra layer of loss-absorbing capacity could improve optionality in resolving a large banking organization, and the costs and benefits of such a requirement.
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