FDIC Clarifies Determination of Part 363 Compliance Requirements Relief for Mergers & Acquisitions

Thoughtware Alert Published: Jan 04, 2021
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On December 28, 2020, the FDIC updated its clarification on how the FDIC intends to exercise its reservation of authority related to mergers and acquisitions in determining if an Insured Depository Institution can rely on auditing and reporting relief approved in October. This article provides details on the clarification.

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