Federal Reserve and FDIC Extend Deadline for U.S. GSIB Resolution Plan Feedback
Joint Agency Release | July 1, 2022
Governors of the Federal Reserve SystemFederal Deposit Insurance
Federal Reserve and FDIC Extend Deadline forU.S.
GSIB Resolution Plan Feedback
The Federal Reserve Board and the
Federal Deposit Insurance Corporation today announced that they have
extended the period for issuing feedback for the U.S. global
systemically important banks’ 2021 resolution plans to allow the
agencies additional time to analyze them.
required by the Dodd-Frank Act, must describe the company's strategy
for rapid and orderly resolution in bankruptcy in the event of
material financial distress or failure of the
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