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ARTICLE · 30 NOVEMBER 2015

Financial Regulatory Developments Focus - November 25, 2015

A&O Shearman
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On November 13, 2015, the FDIC updated its Frequently Asked Questions regarding brokered deposits.

GlobalFinance and Banking

In this week’s newsletter, we provide a snapshot of the principal US, European and global financial regulatory developments of interest to banks, investment firms, broker-dealers, market infrastructure providers, asset managers and corporates.

Bank Prudential Regulation & Regulatory Capital

US Federal Deposit Insurance Corporation Chairman Delivers Speech at The Clearing House Annual Conference

On November 18, 2015, US Federal Deposit Insurance Corporation Chairman, Martin J. Gruenberg, gave a speech at The Clearing House annual conference regarding progress the FDIC has made in implementing the Dodd-Frank Act's framework for the orderly failure of large, complex, Systemically Important Financial Institutions. With respect to providing feedback to the largest financial institutions on their living will submissions, the Chairman described certain specific actions that firms have been asked to address in their resolution plans, including requiring firms to place a

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