News & Analysis as of

Qualified Financial Contracts (QFC) Deposit Insurance

Cadwalader, Wickersham & Taft LLP

Special Alert: Guidance from the FDIC - FDIC Instructs Parties to Comply with Transaction Documents

We have been fielding questions since Friday from counterparties to SVB and Signature asking whether they should continue to perform under their fund finance deal documents. Syndicate banks where SVB or Signature Bank are the...more

Cadwalader, Wickersham & Taft LLP

SVB and Signature Bank Resolution – CFTC-Related Implications

Many of the transactions involving qualified financial contracts (“QFC”) with Silicon Valley Bank (“SVB”) and Signature Bank constitute Commodity Futures Trading Commission (“CFTC”) jurisdictional transactions that may be...more

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