Matthew Katz

Nov 16, 2023 | lexology.com | Joel D Feinberg |Michael Lewis |Matthew Katz

On November 3, 2023, the U.S. Financial Stability Oversight Council (FSOC) issued a final analytic framework for assessing financial stability risks (the Framework) and final interpretive guidance regarding FSOC’s procedures for designating nonbank financial companies as systemically important (the Guidance, and together with the Framework, the Final Guidance).1 Companies designated as systemically important become subject to supervision by the Board of Governors of the Federal Reserve System...