Agencies Provide Feedback On Foreign Bank Resolution Plans

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The plans must be submitted by December 31, 2018. Resolution plans for foreign banking organizations focus on the bank's U.S. operations.

United States Finance and Banking

The Board of Governors of the Federal Reserve System and the FDIC provided feedback letters to 19 foreign-based banking organizations in order to clarify expectations concerning resolution plans. The plans must be submitted by December 31, 2018. Resolution plans for foreign banking organizations focus on the bank's U.S. operations.

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