On April 23, 2010, the Federal Deposit Insurance Corporation (FDIC) published additional Q&As on the Statement of Policy on Qualifications for Failed Bank Acquisitions, issued on September 2, 2009 (Policy Statement). The additional Q&As address recent questions regarding the applicability of “Strong Majority Interest” and “De Minimis Investors,” and clarify certain issues regarding “Secrecy Law Jurisdiction.”
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