FDIC Issues Living Wills Rules for Large Banks and Financial Institutions | Practical Law

FDIC Issues Living Wills Rules for Large Banks and Financial Institutions | Practical Law

An update on two final rules adopted by the Federal Deposit Insurance Corporation (FDIC) on September 13, 2011, requiring large banks and systemically significant financial institutions to create and maintain resolution plans in the event of their future failure and resolution.

FDIC Issues Living Wills Rules for Large Banks and Financial Institutions

Practical Law Legal Update 9-508-1911 (Approx. 5 pages)

FDIC Issues Living Wills Rules for Large Banks and Financial Institutions

by PLC Finance
Published on 13 Sep 2011 • USA (National/Federal)
An update on two final rules adopted by the Federal Deposit Insurance Corporation (FDIC) on September 13, 2011, requiring large banks and systemically significant financial institutions to create and maintain resolution plans in the event of their future failure and resolution.