Comments due: FDIC (ANPR; resolution plans for insured institutions $50 billion or more)
The FDIC is undertaking a review of its rule requiring certain insured depository institutions (IDIs) to submit resolution plans (IDI Rule). The FDIC is considering how to tailor and improve the IDI Rule. Specifically, the FDIC invites comments on certain approaches under consideration: (1) creation of tiered resolution planning requirements based on institution size, complexity, and other factors; (2) revisions to the frequency and required content of plan submissions, including elimination of plan submissions for a category of smaller and less complex IDIs; and (3) improvements to the process for periodic engagement between the FDIC and institutions on resolution-related matters. The FDIC is also seeking comment on whether to revise the $50 billion asset size threshold in the IDI Rule.