Tag: Top Down Resolution
Cross-border Resolution Compromised by US capital and liquidity plans?
This is a link to an article in Risk Magazine regarding proposed US capital and liquidity rules for foreign banks that may undermine attempts to address the issue of “too-big-to-fail” with respect to international banking institutions. In December 2012, the Federal Reserve Board published proposals designed to provide greater comfort that US operations of foreign […]
FDIC and BoE Publish Strategy Paper on Resolution Plans
Introduction On 10 December 2012, the Federal Deposit Insurance Corporation (FDIC) and the Bank of England (BOE) published a joint strategy paper on the resolution of globally active, systemically important, financial institutions (G-SIFIs). Broadly speaking, there are two main approaches to the resolution of G-SIFIs: “Single point of entry” (or “top down”) resolution pursuant to […]