Large-Bank Deposit Insurance Determination Modernization (Us Federal Deposit Insurance Corporation Regulation) (Fdic) (2018 Edition)
Author | : The Law The Law Library |
Publisher | : Createspace Independent Publishing Platform |
Total Pages | : 54 |
Release | : 2018-09-21 |
ISBN-10 | : 1727517598 |
ISBN-13 | : 9781727517590 |
Rating | : 4/5 (98 Downloads) |
Book excerpt: Large-Bank Deposit Insurance Determination Modernization (US Federal Deposit Insurance Corporation Regulation) (FDIC) (2018 Edition) The Law Library presents the complete text of the Large-Bank Deposit Insurance Determination Modernization (US Federal Deposit Insurance Corporation Regulation) (FDIC) (2018 Edition). Updated as of May 29, 2018 The FDIC is adopting a final rule requiring the largest insured depository institutions to adopt mechanisms that would, in the event of the institution's failure: provide the FDIC with standard deposit account and other customer information; and allow the placement and release of holds on liability accounts, including deposits. The final rule applies only to insured depository institutions having at least $2 billion in domestic deposits and either: more than 250,000 deposit accounts (currently estimated to be 152 institutions); or total assets over $20 billion, regardless of the number of deposit accounts (currently estimated to be 7 institutions). This book contains: - The complete text of the Large-Bank Deposit Insurance Determination Modernization (US Federal Deposit Insurance Corporation Regulation) (FDIC) (2018 Edition) - A table of contents with the page number of each section