
Here is an article about the Federal Reserve and FDIC’s release of public sections of resolution plans:
Federal Reserve and FDIC Release Public Sections of Resolution Plans for Banking Organizations
Washington D.C. – On August 5, 2025, the Federal Reserve Board and the Federal Deposit Insurance Corporation (FDIC) announced the public release of the non-proprietary sections of the resolution plans, commonly known as “living wills,” submitted by several large banking organizations. This significant step aims to enhance transparency and public understanding of how these institutions would be resolved in an orderly manner during times of severe financial stress.
The release of these public sections is a crucial component of the regulatory framework established to ensure financial stability and mitigate systemic risk. Resolution plans are detailed documents that outline the strategies large, complex financial institutions would employ to unwind their operations in an orderly fashion without disrupting the broader financial system or requiring taxpayer-funded bailouts.
By making these portions of the plans available to the public, both the Federal Reserve and the FDIC are fostering greater accountability and allowing stakeholders, including investors, academics, and the general public, to gain insight into the robust planning undertaken by these banking organizations. This transparency is vital for building confidence in the resilience of the financial sector.
The resolution planning process is a rigorous and ongoing effort designed to address the complexities inherent in managing large, globally active financial institutions. The strategies outlined within these plans are developed in close collaboration with regulators and are subject to periodic review and refinement. The goal is to ensure that, should the unthinkable occur, the resolution of a failing institution would be managed in a way that minimizes contagion and protects depositors and taxpayers.
This initiative underscores the commitment of the Federal Reserve and the FDIC to maintaining a safe and sound financial system. The public availability of these resolution plan sections represents a positive development in the pursuit of financial transparency and the strengthening of the global financial architecture.
Federal Reserve Board and FDIC release public sections of resolution plans for banking organizations
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