United States:
Comment Deadline Set For Proposed Amendments To FDIC Assessment Regulations On Deposit Insurance
10 December 2020
Cadwalader, Wickersham & Taft LLP
To print this article, all you need is to be registered or login on Mondaq.com.
An FDIC proposal that would update the risk-based deposit
insurance assessment system that applies to all large insured
depository institutions was published in the Federal Register. The
proposed amendments would reduce the cost impact of the current
expected credit losses (CECL) methodology-related capital
transition provisions on temporary deposit insurance
assessments.
Comments on the proposal must be submitted by January 6, 2021.
See previous coverage for more information on the
impact of the proposal on deposit insurance assessments for large
and complex banks.
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.
POPULAR ARTICLES ON: Insurance from United States
D&O Insurance Myths (Part 2) (Video)
Lowenstein Sandler
Last month we discussed the importance of Directors and Officers (D&O) insurance and set the record straight on some common misconceptions about it.
IPAS Brewing In Illinois
Dickinson Wright PLLC
The Chicago area has numerous craft breweries, many of whom make amazing India pale ales, or IPAs.
Misrepresentation In Application Coverage Update
Plunkett & Cooney
The Delaware Supreme Court affirmed the state's Superior Court ruling that Zurich American Insurance Company (Zurich) was not entitled to a declaratory judgment that Zurich had no duty to defend ...