Kate Wellman, Neil Bloomfield, and John Stoker of Moore & Van Allen’s Financial Regulatory Advice & Response team co-authored the Law360 article, “Key Aspects of FDIC's Resolution Planning FAQ.”
The article analyzes the FDIC’s April 18 update to its resolution planning FAQs, which provides important guidance for covered insured depository institutions (CIDIs) regarding upcoming plan submissions and newly granted content exemptions under the revised rule (12 CFR § 360.10). These updates reflect the FDIC’s ongoing efforts to integrate lessons learned from the 2023 regional bank failures while aligning with broader regulatory streamlining efforts.
Read the full article here.
MemberKate manages large-scale regulatory compliance projects for financial institutions, including related to development of state and federal law inventories, LIBOR transition, recovery and resolution planning, and compliance ...
MemberNeil regularly represents clients with responses to inquiries by Federal (e.g. CFTC, OCC, FRB, SEC, IRS, DOJ, and various U.S. Attorney's offices and Congressional Commissioners), State (e.g. the North Carolina Attorney General ...
CounselJohn brings extensive experience representing clients as senior in-house counsel and as a regulatory and compliance lawyer and provides legal advice on the interpretation and application of laws and regulations to financial ...
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The latest from MVA White Collar Defense, Investigations, and Regulatory Advice Blog
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- FDIC Previews Paring Back Final CIDI Resolution Planning Rule