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FDIC board meeting next week on standards for large banks


The FDIC board of directors said it will meet next week to consider new regulatory standards for large banks.

August 23, 2023 / By ICBA

The FDIC board of directors said it will meet next week to consider new regulatory standards for large banks.

Agenda: Scheduled for 10 a.m. (Eastern time) Tuesday, Aug. 29, the board meeting will include discussion of:

  • A notice of proposed rulemaking on long-term debt requirements for large bank holding companies, certain intermediate holding companies of foreign banking organizations, and large insured depository institutions.

  • Resolution plans required for insured depository institutions with $100 billion or more in total assets as well as informational filings required for those with between $50 billion and $100 billion in total assets.

  • Proposed guidance on resolution plan submissions for institutions that submit a resolution plan to the agencies every three years.

  • Conditions to certain receivership delegations of authority and procedures.

  • Board approval of midsized and large failed bank sales.

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