Recently, the Federal Deposit Insurance Corporation (FDIC) and the Federal Reserve Board (FRB) each issued rules related to different aspects of the Dodd-Frank Act. The FDIC published in the Federal Register an interim final rule clarifying how it will treat certain creditor claims under the new orderly liquidation authority (OLA) granted under Title II of the Dodd-Frank Act.
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USA, Banking, Capital Markets, Insolvency & Restructuring, Troutman Pepper, Federal Register, Federal Reserve Board, Liquidation, Holding company, Bank holding company, Consolidation (business), Federal Deposit Insurance Corporation (USA), Financial Stability Oversight Council, Dodd-Frank Wall Street Reform and Consumer Protection Act 2010 (USA), GAAP, International Financial Reporting Standards, Elementary and Secondary Education Act 1965 (USA)
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On September 13, 2011, the Federal Deposit Insurance Corporation approved a final rule requiring certain financial institutions to prepare a plan for their dismantling in the event of material financial distress or failure.
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USA, Banking, Company & Commercial, Insolvency & Restructuring, Lowenstein Sandler LLP, Regulatory compliance, Consumer protection, Adoption, Federal Reserve Board, Bank holding company, Advance healthcare directive, Federal Deposit Insurance Corporation (USA), Federal Reserve (USA), Financial Stability Oversight Council, Dodd-Frank Wall Street Reform and Consumer Protection Act 2010 (USA), Title 11 of the US Code, Elementary and Secondary Education Act 1965 (USA), Federal Deposit Insurance Act 1950 (USA)
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