Next week, the Federal Deposit Insurance Corp. will focus on cross-border issues and the 2013 budget in two separate meetings.
Monday's meeting to discuss the FDIC's coordination with other foreign regulators will be open to the public and can be viewed via a live webcast. A panel will include industry representatives, scholars and other experts. Paul Tucker, deputy governor of the Bank of England, will present efforts to coordinate U.S. and United Kingdom resolution regimes to the advisory committee.
"The largest firms subject to the FDIC's new facility - created under the Dodd-Frank Act - have operations in both countries," writes American Banker's Joe Adler.
The agency's officials will hold their second meeting on Tuesday to focus on 2013's corporate operating budget and will follow the discussion with a vote on a spending proposal.
For the full piece see "FDIC to Focus on Cross-Border Issues and 2013 Budget" (may require subscription).