FDIC Approves Final Rule of Assessments, Dividends, Assessment Base and Large Bank Pricing
February 7, 2011
The FDIC today approved a final rule on Assessments, Dividends, Assessment Base and Large Bank Pricing. The rule implements changes to the deposit insurance assessment system mandated by Dodd-Frank and revises the assessment system applicable to large banks to eliminate reliance on debt issuer ratings and make it more forward looking. Dodd-Frank required that the base on which deposit insurance assessments are charged be revised from one based on domestic deposits to one based on assets.
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