The banking industry is on the cusp of more changes in recovery and resolution planning, shaped by shifting regulatory priorities and perspectives on the 2023 regional bank failures. Recent actions by ...
Situation Overview: The Office of the Comptroller of the Currency (OCC) finalized revisions to Recovery Planning Guidelines, which substantively change the scope and expectations for recovery plans.
Key Insight: The Office of the Comptroller of the Currency will rescind many rules governing large banks' recovery plans, continuing a broader trend among financial regulators toward reducing ...
New rules released by the Bermuda Monetary Authority aim to equip certain insurers with a structured approach to prepare for various adverse situations before they escalate into severe stress ...
In a significant milestone for India’s insolvency ecosystem, the National Company Law Tribunal (NCLT), Allahabad, has approved Adani Enterprises’ ₹15,000-crore resolution plan for the bankrupt ...