Counsel Gregg Rozansky (New York-Financial Institutions Advisory & Financial Regulatory) and associate Shriram Bhashyam (New York-Financial Institutions Advisory & Financial Regulatory) wrote an article, “Living Will Requirements for Financial Institutions,” published by the Practical Law Company.

The article discusses the US resolution plan (living will) requirements for financial and depository institutions, covering the substantive and procedural elements of two complementary rules: the Dodd-Frank Act Rule (DFA Rule), which applies to large financial groups operating in the US, and the Insured Depository Institution Rule (IDI Rule), which applies to large US depository institutions. It also addresses practical considerations in preparing a living will and provides a glossary of key terms under the living will requirements of both the DFA Rule and the IDI Rule.

View full article, "Living Will Requirements for Financial Institutions"