Enhancing Bank Resolution Participation Act mandates a joint study by the Comptroller of the Currency and the Federal Deposit Insurance Corporation.
The Enhancing Bank Resolution Participation Act requires the Comptroller of the Currency and the Federal Deposit Insurance Corporation to jointly study the use of shelf charters and modified bidder qualification processes. The study will examine past approvals, their use in recent bank receiverships, and potential barriers to their effectiveness. The Comptroller and the FDIC must consult with the Federal Reserve Board and submit a report to Congress within 270 days.
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