Strategies mandated for big banks to adopt bankruptcy when needed are unlikely to work in the context of another widespread financial crisis – according to some experts – a report issued Monday from the congressional watchdog agency stated. […]
Declaring she disagrees with those who believe bank resolution and regulatory requirements should be untouched “until the next crisis hits,” the board chairman of the federal insurer of bank deposits outlined a number of proposed […]
Compliance dates would be extended by up to nine months for a regulation applying qualified financial contract (“QFC”) recordkeeping requirements related to orderly liquidation authority (OLA), under a Treasury Department notice of a final rule […]
Markup of FY19 Budget Views and Estimates Tuesday, March 6, 2018 10:00 AM in 2128 Rayburn HOB Full Committee Click here for the Committee Memorandum. Views and Estimates of the Committee on Financial Services on […]
A new chapter in the bankruptcy code for distressed financial companies would be a “more effective option” than existing requirements for “orderly liquidation authority (OLA),” the Treasury Department recommended Wednesday. In a report to President […]
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