On April 16, 2019, the Federal Deposit Insurance Corporation approved an Advance Notice of Proposed Rulemaking outlining potential major revisions to the 2012 regulations governing resolution planning by FDIC-insured banks.
If adopted, the outlined changes would categorize covered insured depository institutions into groups with varying resolution planning requirements, streamline the required content for all filers, significantly reduce the frequency for filing plans and potentially eliminate regular resolution planning for a substantial number of regional banks.