Federal Register #2026-13191

FDIC Proposed Rulemaking on Resolution Submissions for Large Insured Depository Institutions

This opportunity involves a proposed rulemaking by the Federal Deposit Insurance Corporation (FDIC) regarding resolution submissions for large insured depository institutions (IDIs): - Government Buyer: - Federal Deposit Insurance Corporation (FDIC) is the sole agency involved - OEMs and Vendors: - No specific OEMs or commercial vendors are referenced in this regulatory request - Products/Services Requested: - No physical products or IT solutions are being procured - The rule seeks public comment on regulatory requirements for resolution submissions - Focus areas for submissions include: - IT architecture mapping - Deposit and loan processing cut-off times - Deposit product lists and sweep account information - Controls for funds movement in foreign branches - Qualified financial contract (QFC) data - Unique or Notable Requirements: - Applies to IDIs with at least $50 billion in total assets (threshold to be automatically adjusted for inflation) - Reduces and standardizes content requirements for resolution submissions - Eliminates FDIC credibility assessments and expectations for capabilities testing - Implements a three-year submission cycle - Aligns with Title I resolution plan concepts - Provides a transition period for initial submissions - Seeks targeted information to support cost-effective resolution - No procurement of goods or services; this is a regulatory request for information and comment

Description

The Federal Deposit Insurance Corporation (FDIC) is proposing revisions to its regulations requiring resolution submissions by insured depository institutions (IDIs) with at least $50 billion in total assets. The proposed rule would raise and automatically update the dollar threshold for applicability, reduce content requirements focusing on resolution readiness information, standardize content requirements, eliminate the FDIC's credibility assessment of submissions, and remove expectations for capabilities testing. Comments on the proposed rule must be received by August 31, 2026.

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