May 16, 2019
The Board of Governors of the Federal Reserve System has released
for public comment proposals to tailor (i) the enhanced prudential
standards that apply to larger foreign banking organizations (FBOs)
and (ii) the resolution planning requirements that apply to larger
FBOs and larger US bank and holding companies (collectively, larger
banking organizations). Mayer Brown partners David Sahr, Jeffrey
Taft and Don Waack and senior associate Matthew Bisanz discuss
these important developments.