International Engagement April 14, 2016 Privileged and - PowerPoint PPT Presentation

International Engagement April 14, 2016 Privileged and confidential; staff level discussion draft; not for further distribution. The information contained herein does not reflect, and cannot be relied upon as evidence of any agency or departmental position. Any resolution strategies or measures discussed herein are preliminary in nature and do not necessarily reflect actions that would or would not be taken in any particular resolution under any law, rule or regulation.

Overview  The FDIC engages with key domestic and foreign counterparts to identify issues and address obstacles to the successful execution of cross-border SIFI resolution.  Bilateral Outreach  Multilateral Outreach  Institution Specific Engagement Privileged and confidential; staff level discussion draft; not for further distribution. The information contained herein does not reflect, and cannot be relied upon as evidence of any agency or departmental position. Any resolution strategies or measures discussed herein are preliminary in nature and do not 2 necessarily reflect actions that would or would not be taken in any particular resolution under any law, rule or regulation.

Bilateral Engagement with Key Foreign Authorities  Ongoing Dialogue  Table Top Exercises with Key Foreign Authorities  Develop a better understanding of:  Respective authorities  Concerns and issues  How we would coordinate and communicate  Information Sharing Agreements Privileged and confidential; staff level discussion draft; not for further distribution. The information contained herein does not reflect, and cannot be relied upon as evidence of any agency or departmental position. Any resolution strategies or measures discussed herein are preliminary in nature and do not 3 necessarily reflect actions that would or would not be taken in any particular resolution under any law, rule or regulation.

Multilateral Outreach  The FDIC’s engagement includes work under the auspices of international member organizations such as the Financial Stability Board (FSB) and the Basel Committee on Banking Supervision.  The FDIC’s involvement with the FSB includes:  The Resolution Steering Group  The Cross-Border Crisis Management Group for Banks  The Cross-Border Crisis Management Group for Insurers  The Cross-Border Crisis Management Group for FMIs Privileged and confidential; staff level discussion draft; not for further distribution. The information contained herein does not reflect, and cannot be relied upon as evidence of any agency or departmental position. Any resolution strategies or measures discussed herein are preliminary in nature and do not 4 necessarily reflect actions that would or would not be taken in any particular resolution under any law, rule or regulation.

Institution Specific Engagement  Crisis Management Groups  Home-Host Coordination  Resolution Planning  Resolvability Analysis  Engagement with Institutions  Firm-specific information sharing  Cooperation Agreements Privileged and confidential; staff level discussion draft; not for further distribution. The information contained herein does not reflect, and cannot be relied upon as evidence of any agency or departmental position. Any resolution strategies or measures discussed herein are preliminary in nature and do not 5 necessarily reflect actions that would or would not be taken in any particular resolution under any law, rule or regulation.