Regulatory Alerts2026-03-19 | FIL-6-2026Rescission of Statement of Policy on Qualifications for Failed Bank Acquisitions
The FDIC Board of Directors has rescinded its 2009 Statement of Policy and related 2010 guidance governing qualifications for failed bank acquisitions. This action eliminates restrictive conditions that previously deterred non-bank entities from bidding on failed banks and thrifts during resolution. The rescission takes effect upon publication in the Federal Register, streamlining the resolution process and lowering costs to the Deposit Insurance Fund.
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