Recovery Plans

News & Analysis as of

UK Regulator Provides Feedback on Recovery Plans

The Financial Conduct Authority published initial feedback on the recovery plans submitted by investment firms regulated by it. Recovery plans are required to be submitted by banks and certain investment firms to national...more

Bitcoin Is “Property,” Rules California Judge in Pivotal Bitcoin Case

Last week, we blogged about the latest development in Bitcoin news: how a California bankruptcy court will define Bitcoin. That was the subject of a trustee’s clawback suit against Marc Lowe, a former employee of Hashfast...more

OCC Issues Recovery Proposal for Institutions With Assets of $50 Billion or More

On December 17, the Office of the Comptroller of the Currency (OCC) requested comment on a proposed rule to establish enforceable guidelines for recovery planning by insured national banks, insured federal savings...more

OCC Proposes Recovery Plans for Large Banks

On December 17, 2015, the Office of the Comptroller of the Currency (OCC) proposed guidelines establishing enforceable standards for recovery planning by certain large national banks, federal savings associations and insured...more

Financial Regulatory Developments Focus - December 2015 #2

In this week's newsletter, we provide a snapshot of the principal US, European and global financial regulatory developments of interest to banks, investment firms, broker-dealers, market infrastructure providers, asset...more

Contractual Recognition of Bail-In – Are You Ready?

The aim of the EU Bank Recovery and Resolution Directive (the “BRRD”) is to establish a framework for the recovery and resolution of EU credit institutions and significant investment firms and to equip EU national authorities...more

EBA reports on recovery planning

EBA has published a report looking at how a sample of European banking groups have approached recovery planning under the Bank Recovery and Resolution Directive (BRRD)....more

EBA finalises group support guidelines

EBA has published its guidelines on the conditions for group financial support under the BRRD. National regulators must tell EBA by 8 February 2016 whether they comply or intend to comply with the guidelines. ...more

EBA translates BRRD simplified obligations guidelines

EBA has translated the guidelines on simplified obligations under the Bank Recovery and Resolution Directive (BRRD) in the official languages. The guidelines define how EU authorities should assess whether an institution is...more

EBA consults on BRRD guidelines

EBA is consulting on draft guidelines on how confidential information collected under the BRRD should be disclosed in summary or collective form without identifying individual institutions or entities. The guidelines say this...more

FMLC writes to Treasury on bank recovery and resolution

FMLC has written two letters to Treasury regarding bank recovery and resolution: - FMLC requests clarification as to the forms of set-off which are safeguarded by the Banking Act 2009 (Restriction of Special Bail-in...more

FCA creates new recovery plan template

FCA has created a suggested template for firms to submit individual and group recovery plans subject to simplified obligations....more

Dodd-Frank and Executive Compensation — Where Are We Now?

The Dodd-Frank Wall Street Reform and Consumer Protection Act (“Dodd-Frank”) became federal law on July 21, 2010 to provide safeguards for consumers and increase transparency in the U.S. capital markets in response to public...more

Grexit: Grief or Gift?

On July 5, the Greeks voted emphatically against their creditors’ proposals. Earlier that week, the IMF released a report in which it recommended a comprehensive recover plan that included a debt relief or a debt moratorium...more

Hungry? Fed Says “Menu of Options” Necessary for Recovery Planning

The Federal Reserve Board released supervisory expectations for recovery planning governing the largest United States bank holding companies in a new supervisory letter. ...more

NMFS Releases Final Recovery Plan for Central Valley Salmonids

The National Marine Fisheries Service (NMFS) has released its final recovery plan for Central Valley spring-run Chinook salmon, Sacramento River winter-run Chinook salmon, and Central Valley steelhead. Sacramento River...more

Insolvency In The Fashion Retail Sector: The Risks And The Opportunities

In this article on the changing landscape of UK fashion retail, we consider the challenges and changes faced by the industry and comment on the opportunities available for existing players and potential new entrants to the...more

U.S. Fish And Wildlife Service Issues Revised Recovery Plan For The Pallid Sturgeon

The U.S. Fish and Wildlife Service (Service) has announced the availability of a revised recovery plan for the pallid sturgeon (Scaphirhynchus albus), a species that is found in the Missouri and Mississippi River basins, has...more

Federal Reserve Supplements Recovery And Resolution Preparedness For Large Banks

On January 24, the Federal Reserve Board issued SR 14-1, which attached new guidance for certain large banks titled Principles and Practices for Recovery and Resolution Preparedness. The document outlines additional...more

U.S. Fish & Wildlife Service Issues Recovery Plan For Alaskan DPS Of Northern Sea Otter

Earlier this month, the U.S. Fish & Wildlife Service (Service) announced (pdf) the availability of its recovery plan for the threatened southwest Alaska Distinct Population Segment of the northern sea otter (Enhydra lutris...more

Orrick's Financial Industry Week in Review - January 28, 2013

In This Issue: *Financial Industry Developments - CFPB Rule on Originator Compensation - Treasury and IRS FATCA Regulations - Rating Agency Developments *Recent Orrick Alerts - Derivatives Reform in...more

21 Results
|
View per page
Page: of 1
JD Supra Readers' Choice 2016 Awards

"My best business intelligence, in one easy email…"

Your first step to building a free, personalized, morning email brief covering pertinent authors and topics on JD Supra:

Sign up to create your digest using LinkedIn*

*By using the service, you signify your acceptance of JD Supra's Privacy Policy.

Already signed up? Log in here

*With LinkedIn, you don't need to create a separate login to manage your free JD Supra account, and we can make suggestions based on your needs and interests. We will not post anything on LinkedIn in your name. Or, sign up using your email address.
×