Resolution planning: FDIC’s single point of entry

December 2013


The FDIC last week released its long awaited proposal on Single Point of Entry (“SPOE”) under Dodd-Frank’s Title II resolution framework. Although the proposal contains little new information, its value may be in its utility as a roadmap of outstanding issues, especially because a significant portion of it requests comment for public input.

Since its release, two FDIC board members have highlighted areas that need to be resolved, and key issues were discussed at a recent meeting of the FDIC’s Systemic Resolution Advisory Committee. While the FDIC deserves credit for making progress, SPOE as the way forward on resolving G-SIFIs remains far from the goal line.

This Financial Services Regulatory Brief updates our previous brief on SPOE with our latest view of the outstanding issues.

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Dan Ryan
US Banking and Capital Markets Leader
Tel: +1 (646) 471 8488

Alison Gilmore
US Asset and Wealth Management Marketing Leader
Tel: +1 (646) 471 0588