This update analyzes comments that the FDIC received from a wide range of stakeholders on its corporate governance proposal. Not surprisingly, commenters are overwhelmingly opposed.
The OCC’s proposed changes to its approach to Bank Merger Act applications are a missed opportunity to provide certainty around bank mergers in an uncertain market.
The Financial Stability Oversight Council released its 2023 Annual Report, highlighting its 2023 activities, significant financial market and regulatory developments and potential emergin...
The Federal Deposit Insurance Corporation (FDIC) finalized the special assessment to recoup losses to the Deposit Insurance Fund (DIF) from protecting uninsured depositors following the c...
The Financial Stability Oversight Council (FSOC) revised its interpretive guidance and analytic framework for FSOC’s authority to designate nonbank financial companies for Federal Reser...
Davis Polk Finance practice co-head Jim Florack, partners Meyer Dworkin and Vanessa Jackson and counsel Ledina Gocaj authored the “USA: Trends and Developments” chapter in Chambers’...
The FDIC proposed enforceable guidelines on corporate governance and risk management that would apply to all state non-member banks with assets greater than $10 billion. The proposal wou...
The Federal Reserve, FDIC and OCC released final joint guidance on banking organizations’ management of risks associated with third-party relationships. The guidance applies to all thir...
