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Tuesday, April 17, 2012

FDIC Board to Provide DIF Update

The FDIC Board at its meeting next Monday, April 23rd, is scheduled to provide an update on projected Deposit Insurance Fund (DIF) losses, income and reserve ratios for the DIF’s restoration plan.

The board also is slated to issue two final rules: One rule will be on calculating the maximum obligation the FDIC may incur in liquidating a covered financial company. The other will be on providing for the treatment of a mutual insurance holding company as an insurance company under the FDIC’s orderly liquidation authority.

Read the meeting agenda.

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