The FDIC issued instructions on submitting resolution plans for banks with assets of more than $50 billion. The guidance covers what the resolution plan should incorporate, including cost analysis, an accounting of significant obstacles and the least costly resolution approach available. They should also cover a variety of contingencies and game out the potential liquidation of the firm. The guidance currently applies to 36 banks, plus any that would meet the criteria prior to the next submission cycle in 2015.
Read the guidance.