The Financial Stability Board (FSB) has a long history of taking the high road in proposing international financial regulatory standards.  Its Key Attributes for Effective Resolution Regimes for Financial Institutions is an excellent example.  That document established high standards for national laws governing the resolution of systemically important financial institutions
Continue Reading FSB Finalizes Guiding Principles on Internal TLAC

Linked below is the Davis Polk visual memorandum analyzing the Federal Reserve’s final rule on total loss-absorbing capacity (TLAC), eligible long-term debt (LTD) and clean holding company requirements for U.S. global systemically important banking organizations (G-SIBs) and U.S. IHCs of foreign G-SIBs, which is intended to further improve their resiliency
Continue Reading Federal Reserve’s Final Rule on TLAC, Eligible LTD and Clean Holding Company Requirements