Capital, liquidity rules for FBOs subjects for FDIC board meeting April 16

Proposed rules about capital and liquidity requirements for subsidiaries of foreign banking organizations (FBOs) will be among the items under consideration by the board of the federal insurer of bank deposits when it meets next week in Washington.

The Federal Deposit Insurance Corp. (FDIC) said Tuesday its board will meet April 16 to consider the notice of proposed rulemaking for changes to applicability thresholds for regulatory capital requirements for certain U.S. subsidiaries of foreign banking organizations and application of liquidity requirements to foreign banking organizations, certain U.S. depository institution holding companies, and certain depository institution subsidiaries.

The board will also consider an advanced notice of proposed rulemaking regarding extending the submission deadlines for resolution plans (or “living wills”) of insured banks.

The meeting gets underway at 10 a.m. and will be live-streamed via the Internet.

FDIC Board of Directors Meeting

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