As a further update to our client alerts related to the failure of Silicon Valley Bank, the ensuing FDIC receivership, and the government's decision to invoke the systemic risk exception, please note that the FDIC has updated its Frequently Asked Questions.


The updated FAQ can be viewed at:
https://www.fdic.gov/resources/resolutions/bank-failures/failed-bank-list/silicon-valley-faq.html.


The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.