Resolution Plans & Credit
SIFMA, the Association for Financial Markets in Europe (AFME), the American Bankers Association (ABA), The Clearing House (THC), The Financial Services Roundtable (FSR), and the Institute of International Bankers (IIB) provide comments to the Board of Governors of the Federal Reserve System (Federal Reserve) and Federal Deposit Insurance Corporation (FDIC) on the Notice of Proposed Rulemaking implementing resolution plan and credit exposure report requirements of Section 165(d) of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Dodd-Frank Act), Board Docket No. 1414 & RIN 7100–AD73 / FDIC RIN 3064–AD77. The groups offer their experience and expertise to give their observations and recommendations regarding the proposal.