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Legal Update

US FDIC and Federal Reserve Propose Rule on Resolution Plans and Credit Exposure Reports

2 May 2011
Mayer Brown Legal Update
The US Federal Deposit Insurance Corporation (FDIC) and the Board of Governors of the Federal Reserve System (FRB) have jointly approved a proposed rule requiring certain companies to periodically submit Resolution Plans (also referred to as “living wills”) and Credit Exposure Reports (the “Proposed Rule”) to the FRB and FDIC.


  • Jeffrey P. Taft
    T +1 202 263 3293
  • Scott A. Anenberg
    T +1 202 263 3303
  • Thomas J. Delaney
    T +1 202 263 3216
  • David R. Sahr
    T +44 20 3130 3496
  • Alicia K. Kinsey
    T +1 202 263 3356

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