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Dec 20, 2013

FDIC Board Releases Single Point of Entry Resolution Strategy for Public Comment

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On December 18, 2013, the Board of Directors of the Federal Deposit Insurance Corporation (“FDIC”) published a widely anticipated notice in the Federal Register setting forth the FDIC’s single point of entry strategy (“SPOE”) for resolutions under the Orderly Liquidation Authority contained in Title II of the Dodd-Frank Wall Street Reform and Consumer Protection Act and requesting comment. The FDIC has viewed SPOE as a preferred resolution strategy for over a year. The release provides greater detail regarding the strategy as well as issues that have been identified with respect to it.

View full memo, FDIC Board Releases Single Point of Entry Resolution Strategy for Public Comment

Authors and Contributors

Bradley K. Sabel

Of Counsel

Financial Institutions Advisory & Financial Regulatory

+1 212 848 8410

+1 212 848 8410

New York

Russell Sacks

Partner

Financial Institutions Advisory & Financial Regulatory

+1 212 848 7585

+1 212 848 7585

New York

Fredric Sosnick

Partner

Financial Restructuring & Insolvency

+1 212 848 8571

+1 212 848 8571

New York

Ned S. Schodek

Partner

Financial Restructuring & Insolvency

+1 212 848 7052

+1 212 848 7052

New York

Christina Berlin

Associate

Financial Institutions Advisory & Financial Regulatory

+1 202 508 8028

+1 202 508 8028

Washington DC