Regulatory Alerts2025-04-23 | FIL-11-2025FDIC Changes Virtual Data Room Contractor for Marketing Failing Financial Institutions
The Federal Deposit Insurance Corporation (FDIC) has appointed ShareVault as its new virtual data room contractor following a competitive bidding process. Beginning in May 2025, ShareVault will replace DFIN Solutions Venue for all new projects marketing failing financial institutions. The secure web platform continues to facilitate institution sales by providing qualifying buyers with confidential access to failing bank data, requiring users to configure email filters and sign confidentiality agreements before entry.
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