American Banker

FDIC proposes slim resolution plans, lower insurance fees

The Federal Deposit Insurance Corp. issued proposals Thursday that would reduce planning requirements for big banks and slash ...
Reuters

FDIC final resolution planning rule increases requirements on large insured depository institutions

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 ...
JD Supra

FDIC Finalizes Large Bank Resolution Plan Rule and OCC Proposes Changes to Recovery Plans

The FDIC recently finalized its resolution planning rule for large banks, which becomes effective October 1, 2024. Resolution plans, or "living wills," are plans to wind down operations in the event ...
JD Supra

FDIC and OCC Focus on Resolution and Recovery Capabilities Testing

The Situation: The Federal Deposit Insurance Corporation (FDIC) has issued a final rule which substantively changes the scope and expectations for Insured Depository Institution (IDI) resolution plans ...