Agencies Permit Reduced Content Resolution Plan Submissions for Firms with Limited U.S. Operations

Orrick - Finance 20/20
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On June 10, 2016, the Federal Reserve Board and the Federal Deposit Insurance Corporation allowed 84 entities with limited activities in the United States “to file reduced content resolution plans for their next three resolution plans.”  These reports are required under federal law and relate to each entity’s planned response to various insolvency events. FDIC Release. FRB Release.

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