Deposit insurance coverage period extended, lengthening post-event accounting-year inclusion and statutory protection timeframe under amended provision. Amendment revises the temporal scope of deposit insurance by specifying that coverage applies to the accounting year of the triggering event and continues ... Summary
Deposit insurance coverage period extended, lengthening post-event accounting-year inclusion and statutory protection timeframe under amended provision.
Amendment revises the temporal scope of deposit insurance by specifying that coverage applies to the accounting year of the triggering event and continues for an extended set of subsequent accounting years, thereby lengthening the statutory protection period following that year.
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