FDIC board meeting next week on standards for large banks

The FDIC board of directors said it will meet next week to consider new regulatory standards for large banks.

Agenda: Scheduled for 10 a.m. (Eastern time) Tuesday, Aug. 29, the board meeting will include discussion of:

• A notice of proposed rulemaking on long-term debt requirements for large bank holding companies, certain intermediate holding companies of foreign banking organizations, and large insured depository institutions.

• Resolution plans required for insured depository institutions with $100 billion or more in total assets as well as informational filings required for those with between $50 billion and $100 billion in total assets.

• Proposed guidance on resolution plan submissions for institutions that submit a resolution plan to the agencies every three years.

• Conditions to certain receivership delegations of authority and procedures.

• Board approval of midsized and large failed bank sales.