Regulatory Alerts2023-12-04 | 2023-26510Guidelines Establishing Standards for Corporate Governance and Risk Management for Covered Institutions With Total Consolidated Assets of $10 Billion or More; Extension of Comment Period
The Federal Deposit Insurance Corporation extends the comment period for its proposed corporate governance and risk management guidelines until February 9, 2024. These standards apply to insured state nonmember banks, state-licensed foreign bank branches, and state savings associations with consolidated assets of $10 billion or more. The extension responds to stakeholder requests, providing additional time for institutions and the public to review the proposal and submit feedback before finalization.
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