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Agencies Issue Feedback on Resolution Plans for 15 Banking Organizations

The Federal Deposit Insurance Corporation and the Federal Reserve Board released feedback letters regarding resolution plans submitted in October 2025 for 15 banking organizations, noting no deficiencies were found in these submissions. The agencies also confirmed that a prior issue with BNP Paribas' 2021 resolution plan has been resolved.

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According to Federal Reserve Press Releases, the Federal Deposit Insurance Corporation and the Federal Reserve Board issued feedback letters on the resolution plans submitted in October 2025 for 15 banking organizations. The agencies stated that they did not find any shortcomings or deficiencies within these resolution plan submissions.

Resolution plans, which are also referred to as living wills, outline a banking organization's approach to an orderly resolution should it face significant financial distress or failure. The agencies performed a joint review of the 2025 resolution plan submissions from 15 banking organizations that possess over $250 billion in assets.

Furthermore, the agencies concluded that the deficiency that was previously noted in the 2021 resolution plan of BNP Paribas has been satisfactorily addressed.

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