Regulatory Alerts2019-05-14 | 2019-08478Added · Updated
Resolution Plans Required
The Federal Reserve Board and the FDIC propose amendments to jointly issued regulations implementing Dodd-Frank resolution planning requirements. The proposal establishes risk-based categories to determine applicability, extends the default filing cycle to biennial or triennial periods, and allows for more focused plan submissions. These changes aim to reflect improvements since 2011 and address statutory amendments made by the Economic Growth, Regulatory Relief, and Consumer Protection Act.
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