The FDIC has proposed a major overhaul of its IDI resolution planning rule that would streamline resolution submissions to focus on information that the FDIC believes is most critical. Ch...
SEC staff granted no-action relief regarding the exchange of bailed-in bonds of a failed UK bank for ordinary shares of the resolved firm under the Bank of England’s statutory bail-in p...
The FDIC recently finalized two items of guidance for triennial full filer Title I resolution plans (originally proposed last year) and announced the extension of the 2025 resolution plan...
FDIC has revamped its IDI Rule resulting in major changes in the resolution submissions for covered banks. Our visual memo, linked below, summarizes key components of the final rule and p...
Davis Polk chair of Financial Institutions Randy Guynn, head of Financial Institutions Margaret Tahyar and associate Kirill Lebedev authored “A tale of two SVB reports: Where the Fed’...
The Federal Reserve OIG issued a report on SVB’s failure. Media reports have described it as nearly identical to the Barr Report. The report is more critical of the supervisory staff. I...
The Federal Reserve and FDIC have released the Section 165(d) Rule Guidance Proposals and the FDIC has released an IDI Resolution Planning Rule Proposal, both of which would result in maj...
Digital asset legislation is on the (perhaps distant) horizon. We have started to see legislative proposals, some of which are meant to create a regulatory framework for all digital asse...
Consensus has emerged among policymakers, regulators and the industry on the need for sound regulation of digital assets that supports innovation and inclusion. This deck looks across the...
The Federal Reserve released a paper to start a public discussion on the pros and cons of a potential U.S. central bank digital currency. Here are our five key takeaways.
