Documents/FDICFACA76855/Visions


  • Vision [1]
    • The advisory committee will provide advice and recommendations on a broad range of issues regarding the resolution of systemically important financial companies (“covered companies”) pursuant to the Dodd-Frank Wall Street Reform and Consumer Protection Act. Issues to be considered by the committee include the effects on financial stability and economic conditions resulting from a covered company’s failure, the effects on markets and stakeholders of a covered company, market understanding of the structures and tools available to the FDIC to facilitate an orderly resolution of a covered company, the application of such tools to nonbank financial entities, international coordination of planning and preparation for the resolution of internationally active covered companies, and harmonization of resolution regimes across international boundaries. The Committee, as appropriate, will offer advice and recommendations after it reviews the various issues under consideration.