What Are the Implications of FSOC’s Recent Proposals Regarding Its Approach to Financial Stability Risks?

Earlier this year, the Financial Stability Oversight Council ("FSOC") voted unanimously to release for public comment two related proposals concerning FSOC’s approach to monitoring and addressing systemic risks.  The proposals include revised interpretive guidance concerning FSOC’s procedures for designating nonbank financial companies as “systemically important financial institutions” (“nonbank SIFIs”).  The proposed guidance—which would replace guidance that FSOC issued in 2019—would make it significantly easier for FSOC to designate companies as nonbank SIFIs.

Jeff Dinwoodie and Craig Radcliffe will provide an update on FSOC, with a particular focus on these recent proposals, including the relevant history and potential impacts and implications.

Featuring: 

Jeffrey T. Dinwoodie, Partner, Cravath, Swaine & Moore LLP.

Craig M. Radcliffe, Principal, Public Policy, Apollo Global Management, Inc.

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To register, click the link above.

 

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