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Resolution Authority

Monday, May 8, 2017

Fed, FDIC Issue FAQs on Large Bank Resolution Plans

The Federal Reserve and the FDIC have published the answers to frequently asked questions about guidance issued last year on the resolution plans that the nation’s eight largest banks are required to submit detailing how they would be wound down in the event of bankruptcy.

The FAQs address capital and liquidity requirements and forecasting, governance mechanisms, management of critical third-party vendors and other operational issues, derivatives and trading activities, legal entity rationalization and other general and legal matters related to the resolution planning process.

Read the FAQs.

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