Notice2022-16973
FDIC System Resolution Advisory Committee; Notice of Charter Amendment
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
August 8, 2022
Issuing agencies
Federal Deposit Insurance Corporation
Abstract
Pursuant to the provisions of the Federal Advisory Committee Act (FACA), and after consultation with the General Services Administration, the Federal Deposit Insurance Corporation is hereby giving notice that the Charter of the FDIC Systemic Resolution Advisory Committee (the Committee) has been amended to increase the number of committee members and allow for the appointment of an alternate Designated Federal Officer.
Full Text
<html>
<head>
<title>Federal Register, Volume 87 Issue 151 (Monday, August 8, 2022)</title>
</head>
<body><pre>
[Federal Register Volume 87, Number 151 (Monday, August 8, 2022)]
[Notices]
[Page 48181]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2022-16973]
=======================================================================
-----------------------------------------------------------------------
FEDERAL DEPOSIT INSURANCE CORPORATION
FDIC System Resolution Advisory Committee; Notice of Charter
Amendment
AGENCY: Federal Deposit Insurance Corporation (FDIC).
ACTION: Notice.
-----------------------------------------------------------------------
SUMMARY: Pursuant to the provisions of the Federal Advisory Committee
Act (FACA), and after consultation with the General Services
Administration, the Federal Deposit Insurance Corporation is hereby
giving notice that the Charter of the FDIC Systemic Resolution Advisory
Committee (the Committee) has been amended to increase the number of
committee members and allow for the appointment of an alternate
Designated Federal Officer.
FOR FURTHER INFORMATION CONTACT: Ms. Debra A. Decker, Committee
Management Officer of the FDIC, at (202) 898-8748.
SUPPLEMENTARY INFORMATION: The Committee has been a successful
undertaking by the FDIC and has provided valuable feedback to the
agency 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. The
Committee will continue to provide advice and recommendations on the
effects on financial stability and economic conditions of a covered
company's failure and how they arise, the effects on markets and
stakeholders of the activities 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 responsibilities of the Committee
are unchanged from when it was originally established in November 2011.
The Committee will continue to operate in accordance with the
provisions of the Federal Advisory Committee Act.
A copy of the amended charter is available on the FDIC website at
<a href="https://www.fdic.gov/about/advisory-committees/systemic-resolutions/">https://www.fdic.gov/about/advisory-committees/systemic-resolutions/</a>. A
copy of the amended charter may also be obtained by accessing the FACA
database that is maintained by the Committee Management Secretariat
under the General Services Administration. The website address for the
FACA database is <a href="http://www.facadatabase.gov/">http://www.facadatabase.gov/</a>.
Dated: August 2, 2022.
Federal Deposit Insurance Corporation.
James P. Sheesley,
Assistant Executive Secretary.
[FR Doc. 2022-16973 Filed 8-5-22; 8:45 am]
BILLING CODE 6714-01-P
</pre></body>
</html>Indexed from Federal Register on August 8, 2022.
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.