Jason Shafer

Oct 25, 2023 | law360.com | Jason Shafer |Henry Fields |Jiang Liu

By Jason Shafer, Henry Fields and Jiang Liu (October 25, 2023, 4:52 PM EDT) -- On July 27, U.S. bank regulatory agencies — the Office of the Comptroller of the Currency, the Board of Governors of the Federal Reserve System, and the Federal Deposit Insurance Corp. — proposed major changes to how large banking organizations with $100 billion or more in total assets risk-weight their loans, including commercial real estate loans.... Law360 is on it, so you are, too.

Oct 13, 2023 | law360.com | Jason Shafer |Crystal Kaldjob

ADVERTISEMENT Don't want ads? Subscribe or login now. By Jason Shafer, Crystal Kaldjob and Jeff Silberman (October 13, 2023, 5:07 PM EDT) -- On Aug.

Jul 13, 2023 | mondaq.com | Thomas Fileti |Jeremy Mandell |Jason Shafer |Alexa Tirse

The Board of Governors of the Federal Reserve System, Office of the Comptroller of the Currency, National Credit Union Administration, and Federal Deposit Insurance Corporation (collectively, the "Agencies") issued a joint Policy Statement on Prudent Commercial Real Estate Loan Accommodations and Workouts ("Statement"), which supersedes the 2009 Policy Statement on the same topic ("2009 Statement").

Jul 12, 2023 | jdsupra.com | Thomas Fileti |Jeremy Mandell |Jason Shafer

The Board of Governors of the Federal Reserve System, Office of the Comptroller of the Currency, National Credit Union Administration, and Federal Deposit Insurance Corporation (collectively, the “Agencies”) issued a joint Policy Statement on Prudent Commercial Real Estate Loan Accommodations and Workouts (“Statement”), which supersedes the 2009 Policy Statement on the same topic (“2009 Statement”).

Mar 12, 2023 | lexology.com | Barbara R. Mendelson |Henry Fields |Jiang Liu |Jeremy Mandell |Jason Shafer

UPDATE (3/12 PM): U.S. Treasury Uses Systemic Risk Exception to Protect Depositors of Failed Banks and the Federal Reserve Board Establishes New Emergency Facility Today, following the failure of Silicon Valley Bank (SVB) on March 10, 2023, U.S. Treasury Secretary Janet Yellen approved actions enabling the Federal Deposit Insurance Corporation (FDIC) to complete its resolution of SVB in a manner that ensure that depositors of SVB have access to their insured and uninsured funds starting on...