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Special Assessment Collection

FDIC · final-rule · Published 2025-12-19 · Effective 2025-12-19 · 90 FR 59369

Document

Document number
2025-23425
Federal Register citation
90 FR 59369
CFR reference
12 CFR 327
Type
Rule
Action
Interim final rule; request for comments.
Category
final-rule
Agency
US Federal Deposit Insurance Corporation
Publication date
2025-12-19
Effective date
2025-12-19

Abstract

The Federal Deposit Insurance Corporation (FDIC) has been collecting a special assessment to recover losses arising from the protection of uninsured depositors under the systemic risk exception, as required by statute. To ensure that the FDIC recovers the correct amount of losses while minimizing the risk of overcollecting or undercollecting in aggregate, the FDIC is adopting this interim final rule to reduce the rate at which the special assessment will be collected in the eighth collection quarter from 3.36 basis points to 2.97 basis points, and provide an offset to regular quarterly deposit insurance assessments for banks subject to the special assessment if the amount collected exceeds losses following the resolution of litigation between the FDIC and SVB Financial Trust (SVBFT) and again following the termination of the receiverships.

Source

Authoritative
Federal Register document
Machine
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