On September 28, BPI submitted a comment letter to the FDIC concerning the proposal to renew the Insured Depository Institution (“IDI”) Rule’s information collection requirement. The letter, which was submitted jointly with SIFMA, recommends that FDIC staff provide forward-looking guidance on IDI Plan requirements, and suggests the harmonization of information requirements for IDI Plans and 165(d) Plans. Implementing these changes to the IDI Plan, the letter argues, will improve the information collected pursuant to the Rule and minimize the association burden on filers.
You Might Also Be Interested In...
Regulatory Reporting and Accounting BPI and Coalition of Trades Oppose PCAOB’s Proposed Changes to Auditing Standards
Regulatory Reporting and Accounting BPI Comments on Banking Agencies’ Proposed Revisions to Call Reports and FR Y-9
Regulatory Reporting and Accounting BPI Comments on CFPB’s Proposed Registry of Nonbank Covered Persons Subject to Certain Agency and Court Orders
Regulatory Reporting and Accounting BPI Responds to NYDFS Request for Comments Concerning Presumption of Control of NY-Charted or Licensed Institutions
Security BPI and SIFMA Respond to NYDFS Proposal on Cybersecurity Requirements for Financial Services Companies
More Posts by This Author
Bank Capital and Stress Testing U.S. Bank Capital Levels: Aligning With or Exceeding Midpoint Estimates of Optimal