FDIC Announces Systemic Risk Advisory Committee Meeting to Be Held December 10

more+
less-
more+
less-
Explore:  FDIC

The Federal Deposit Insurance Corporation (FDIC) on December 4 announced that it will hold a meeting of its Systemic Risk Advisory Committee on December 10. The meeting “will feature a discussion with Paul Tucker, Deputy Governor of the Bank of England on US and United Kingdom cross-border cooperation, as well as discussions on Title I (Resolution Plans) and Title II (Orderly Liquidation Authority).” No reason was given for the late-breaking announcement.

The meeting, to be held at the FDIC’s headquarters building at 550 17th, N.W., Washington, D.C., “will commence at 8:45 a.m., with opening remarks by FDIC Chairman Martin J. Gruenberg and is expected to adjourn at approximately 3:00 p.m.” In June 2011, the FDIC Board of Directors approved establishing the Systemic Risk Advisory Committee to advise the corporation on the effects on financial stability and economic conditions from a systemically important company’s failure.

A copy of the agenda is available here.

 

Topics:  FDIC

Published In: Administrative Agency Updates, Finance & Banking Updates, Insurance Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Katten Muchin Rosenman LLP | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »