Sullivan & Cromwell LLP
05/02/2025 | Press release | Distributed by Public on 05/02/2025 19:06
FDIC Issues Updated FAQs on Resolution Plan Rule for Insured Depository Institutions
May 2, 2025
FDIC Modifies Approach to Insured Depository Institution Resolution Planning, Issues Updated FAQs on IDI Rule
The FDIC recently modified its approach to insured depository institution ("IDI") resolution planning by exempting IDIs from certain content requirements under its IDI resolution planning rule for the upcoming submission cycle and issuing an updated set of frequently asked questions describing the exemptions and clarifying certain expectations.
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