FDIC’s Valuation Process for Large Regional Bank Resolutions

Develop and implement procedures and associated resources to support FDIC capabilities for obtaining valuation estimates of non-traditional or unique asset classes for large regional banks.

Complete planned modifications to contracts to accommodate the completion of asset valuation reviews during crisis events.

Assess the appropriateness of using indicative bids for failed bank resolutions, determine the associated risk to its resolution processes, and develop formal policy for its use.

Implement standard documentation and timeliness requirements for key records that support and justify asset valuation analysis and determinations for large regional banks. 

Develop and implement a process to ensure records for all resolution transactions shared across Divisions involved in the resolution and receivership process are retained in an official repository.