Q&A: FDIC’s Hoenig warns on daily settled swaps

FDIC vice-chair on leverage-cutting schemes, TLAC and TBTF

thomas-hoenig-2012
Hoenig: daily settlement is "substance over form"

The Federal Deposit Insurance Corporation (FDIC) has a special place in the US regulatory constellation. Even more than its peers, its mission – to protect depositors and resolve failed banks – requires it to focus on the worst of times: on credit crises, on bank collapses and the chaos and contagion that can follow.

It gives the agency's staff a distinct philosophy. They are fans of clarity and distrust complexity, so, in policy terms: they want the prudential framework to place more emphasis

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here