Cross-border resolutions: FDIC and Bank of England release white paper

Download document:

Cross-border resolutions: FDIC and Bank of England release white paper - .PDF file.

On 10 December 2012, the Federal Deposit Insurance Corporation and the Bank of England released a white paper, ‘Resolving Globally Active, Systemically Important, Financial Institutions’, describing how each would resolve a materially distressed or failing financial institution that is globally active and systemically important in order to maintain its ongoing and viable operations, and contain any threats to financial stability.

Click on the link above to download this Morrison & Foerster briefing.