The Federal Deposit Insurance Corp. on Friday narrowed the requirements big banks must follow when submitting emergency wind-down blueprints — known as resolution plans — in an attempt to streamline ...
The voluminous resolution plans banks are required to submit to regulators are often set aside in the case of actual bank failures. There are far more efficient ways to ensure orderly bank resolutions ...
The proposed amendments to the Insolvency and Bankruptcy Code (IBC) such as introduction of group insolvency, cross-border ...
Less than a year after a new rule required more of the U.S.’s biggest banks to draft “recovery” plans in case of failure, the rule is on its way out. The Treasury Department’s Office of the ...