CARES Act | Important CARES Act Provisions for Financial Institutions

The CARES Act includes actions specifically designed to provide various levels of temporary regulatory relief to financial institutions and to support the financial services industry as a whole. Following are the key areas in which the CARES Act provides relief to the financial services industry:

Up to $500 Billion in Emergency Liquidity for Eligible Businesses

Filed under:
USA, Banking, Insolvency & Restructuring, Kilpatrick Townsend & Stockton LLP, Coronavirus, Federal Deposit Insurance Corporation (USA), US GAAP, CARES Act 2020 (USA), US Secretary of the Treasury
Authors:
Gary R. Bronstein , Christina M. Gattuso , Edward G. Olifer , Stephen F. Donahoe , Dongyu Eddie Wang
Location:
USA
Firm:
Kilpatrick Townsend & Stockton LLP