Informational content of a full resolution plan.

CFR · 2024-01-01 · US · Title 12

(a) (2) (i) The information specified in paragraphs (b) through (h) of this section with respect to the subsidiaries, branches and agencies, and identified critical operations and core business lines, as applicable, that are domiciled in the United States or conducted in whole or material part in the United States. With respect to the information specified in paragraph (g) of this section, the resolution plan of a foreign-based covered company shall also identify, describe in detail, and map to legal entity the interconnections and interdependencies among the U.S. subsidiaries, branches, and agencies, and between those entities and: (A) The identified critical operations and core business lines of the foreign-based covered company; and (B) Any foreign-based affiliate; and (ii) A detailed explanation of how resolution planning for the subsidiaries, branches and agencies, and identified critical operations and core business lines of the foreign-based covered company that are domiciled in the United States or conducted in whole or material part in the United States is integrated into the foreign-based covered company's overall resolution or other contingency planning process. (b) (1) The key elements of the covered company's strategic plan for rapid and orderly resolution in the event of material financial distress at or failure of the covered company; (2) A description of each material change experienced by the covered company since the filing of the covered company's previousl

official document · source cfr-2024 · id 12:§ 243.5