Living Wills: A User’s Guide To Dodd-Frank’s Bequest to Banks
In 2010, Congress passed the Dodd-Frank Wall Street Reform and Consumer Protection Act. While many of its provisions have received greater publicity — such as the Orderly Liquidation Authority of Title...
View ArticleLiving Wills: FDIC Modifies, Finalizes Rules
The final rule modifies the prior proposed rule in a number of ways and generally reduces the burden on financial institutions – though the burden remains significant. Continue reading →
View ArticleFederal Reserve Approves Final Living Will Rule
On October 16, 2011 the Federal Reserve signed off on the Final Rule regarding so-called living wills for large financial institutions. The Federal Reserve approved the same rules approved by the FDIC...
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