Office of Complex Financial Institutions
E801313
The Office of Complex Financial Institutions is an FDIC division responsible for overseeing and resolving large, systemically important financial institutions to help maintain stability in the U.S. financial system.
Statements (43)
| Predicate | Object |
|---|---|
| instanceOf |
FDIC division
ⓘ
government office ⓘ |
| collaboratesWith |
Board of Governors of the Federal Reserve System
NERFINISHED
ⓘ
Financial Stability Oversight Council NERFINISHED ⓘ Office of the Comptroller of the Currency NERFINISHED ⓘ Securities and Exchange Commission NERFINISHED ⓘ U.S. Department of the Treasury NERFINISHED ⓘ international resolution authorities ⓘ |
| country |
United States of America
ⓘ
surface form:
United States
|
| employer | FDIC staff specializing in complex institution resolution ⓘ |
| establishedBy | Federal Deposit Insurance Corporation NERFINISHED ⓘ |
| focus |
financial stability risks
ⓘ
large complex insured depository institutions ⓘ systemically important financial institutions ⓘ |
| goal |
ensure orderly resolution of failing complex financial firms
ⓘ
maintain stability of the U.S. financial system ⓘ minimize systemic risk from failing large institutions ⓘ |
| jurisdiction |
United States of America
ⓘ
surface form:
United States
|
| languageOfWork | English ⓘ |
| locatedIn | Washington, D.C. ⓘ |
| mandate |
prepare for and manage the resolution of large complex financial institutions
ⓘ
support implementation of orderly liquidation authority under Dodd–Frank ⓘ |
| parentAgency | Federal Deposit Insurance Corporation NERFINISHED ⓘ |
| partOf | Federal Deposit Insurance Corporation NERFINISHED ⓘ |
| regulates |
large insured depository institutions with complex structures
ⓘ
systemically important financial institutions designated for FDIC resolution planning ⓘ |
| responsibility |
coordination with international financial regulators on resolution issues
ⓘ
coordination with other U.S. financial regulatory agencies ⓘ developing strategies for orderly resolution of failing large institutions ⓘ monitoring risks posed by complex financial institutions ⓘ oversight of large financial institutions ⓘ resolution of systemically important financial institutions ⓘ resolution planning for large financial institutions ⓘ supporting financial stability in the United States ⓘ |
| sector |
banking supervision
ⓘ
financial regulation ⓘ |
| typeOfRegulation |
prudential oversight
ⓘ
resolution and receivership planning ⓘ |
| usesAuthorityFrom |
Dodd–Frank Wall Street Reform and Consumer Protection Act
NERFINISHED
ⓘ
Federal Deposit Insurance Act NERFINISHED ⓘ |
| website | https://www.fdic.gov ⓘ |
| worksOn |
resolution plans for large bank holding companies
ⓘ
resolution strategies for systemically important financial institutions ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.