FDIC Expands Requirements for Big-Bank Resolution Plans

The Federal Deposit Insurance Corporation (FDIC) issued new rules which expand resolution-planning requirements to strengthen regulatory oversight of large banking organizations. The requirements apply to any insured depository institution with $100 billion or more in total assets. Review this article for a complete understanding of the new content and timing requirements for full resolution submissions, as well as the FDIC’s resolution readiness assessment process.

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Related Content           

• Dodd-Frank Act and Insured Depository Institution Rules Resolution Plans (Living Wills)
  Review this practice note for resolution plan regulatory requirements for financial and insured depository institutions. 

• Federal Deposit Insurance Corporation
  Explore the role of the FDIC and its functions in the U.S. financial regulatory system. This practice note provides an overview of the FDIC and its role as an insurer of deposits for banks and savings associations, as examiner and supervisor of state-chartered institutions that are not members of the Federal Reserve System, and in managing receiverships of failed insured institutions.

• Federal Deposit Insurance Corporation's Role after Failure of an Insured Depository Institution
  Access this practice note for a discussion of the FDIC role in the event of an insured depository institution’s failure. The practice note discusses the receivership function and closing process of the FDIC.

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