William R. Kucera

Oct 10, 2023 | lexology.com | Lawrence Cunningham |Matthew Bisanz |Andrew Olmem |Megan Webster |Jeffrey Taft |William R. Kucera | +2 more

On October 3, 2023, the Federal Deposit Insurance Corporation (“FDIC”) proposed standards for corporate governance and risk management for the institutions it regulates that have $10 billion or more in total assets (“Proposed Standards”).1 The Proposed Standards would establish extensive and rigid requirements for a wide range of state-chartered banks.2 Further, they would reverse decades of reliance on state law for establishing governance and oversight obligations.