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FINANCIAL INSTITUTION LETTER | AUGUST 8, 2024 |
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FDIC Establishes Initial Submission Dates for Resolution Plans and Informational Filings For Covered Institutions
SUMMARY:
This FIL supplements FIL 34-2024 regarding Final Rulemaking on Resolution Plans Required for Insured Depository Institutions with $100 Billion or More in Total Assets; Informational Filings Required for Insured Depository Institutions with At Least $50 Billion but Less Than $100 Billion in Total Assets (final rule) issued on June 20, 2024. This final rule was published in the Federal Register on July 9, 2024. The effective date of the rule is October 1, 2024, and initial submission dates have been communicated to covered insured depository institutions (CIDIs)
STATEMENT OF APPLICABILITY:
The contents of, and material referenced in, this FIL apply to all FDIC-supervised financial institutions.
DISTRIBUTION:
Other - Insured depository institutions with $50 billion or more in total assets.
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