Acting Comptroller of the Currency Michael J. Hsu argued that careful consideration should be given to any regulatory enhancements to help ensure that "updated liquidity risk management practices are implemented and sustained systematically and consistently, especially across midsize and large banks."
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The FDIC extended the comment deadline on a proposed rule that would facilitate the "prompt payment of FDIC-insured deposits should a large insured depository institutions fail."
The FDIC adopted two rule amendments designed to streamline the process for making insurance determinations when a bank is placed into receivership.
The FDIC adopted a final rule regarding recordkeeping requirements that would facilitate the "prompt payment of FDIC-insured deposits when large insured depository institutions fail."
The FDIC approved a final rule amendment to simplify the procedure for making insurance determinations for banks placed into receivership.