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A Proposal for Rebalancing US Supervision of Foreign Banking Organizations

The Board of Governors of the Federal Reserve System (“Board”) appears ready to propose rules to implement enhanced prudential capital and other standards for foreign banking organizations with banking operations in the...more

An Update on Preparing Living Wills for Foreign Banking Organizations — Exemptions and Important Strategy Considerations

This analysis updates a previous memo and incorporates advice we have received from the Federal Reserve Board (“FRB”) and the Federal Deposit Insurance Corporation (“FDIC”) regarding the preparation of living wills by covered...more