The Board of Governors of the Federal Reserve System has released for public comment proposals to tailor (i) the enhanced prudential standards that apply to larger foreign banking organizations (FBOs) and (ii) the resolution planning requirements that apply to larger FBOs and larger US bank and holding companies (collectively, larger banking organizations). Mayer Brown partners David Sahr, Jeffrey Taft and Don Waack and senior associate Matthew Bisanz discuss these important developments.

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