Gould suggests easing bank resolution planning requirements
By ABA Banking Journal Staff
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Operational Brief
• Comptroller of the Currency Jonathan Gould suggests the FDIC should ease requirements for large banks to submit CIDI plans.
• He also recommends reducing the scope of resolution plans for the largest banks.
Why It Matters for Texas Credit Unions
The article does not mention Texas, TX, TCUD, or any Texas-specific entities. The commentary is focused on federal banking regulations and practices.
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Comptroller of the Currency Jonathan Gould said he sees no benefit in the FDIC continuing to require filings from large banks that detail their suggested orderly resolution in case of a bank failure, known as CIDI plans. He also suggested dialing back the scope of resolution plans for the largest banks. The post Gould suggests easing bank resolution planning requirements appeared first on ABA Banking Journal .