https://www.taxtmi.com/article/detailed?id=7793 The Bill requires the Resolution Corporation and appropriate regulators to classify specified service providers into five risk categories-low, moderate, material, imminent and critical-using criteria such as capital adequacy, asset quality, liquidity, leverage, management capability and contagion risk; classifications may extend to holding companies and non regulated operational entities. Material classification permits supervisory restrictions and remedial capital or asset actions; imminent classification triggers stricter prohibitions and resolution plan obligations; critical classification effects appointment of the Corporation as administrator and stays litigation and certain payments, with deposit insurance implications. en-us Mon, 25 Dec 2017 08:18:52 +0530 Mon, 25 Dec 2017 08:18:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7793 The Bill requires the Resolution Corporation and appropriate regulators to classify specified service providers into five risk categories-low, moderate, material, imminent and critical-using criteria such as capital adequacy, asset quality, liquidity, leverage, management capability and contagion risk; classifications may extend to holding companies and non regulated operational entities. Material classification permits supervisory restrictions and remedial capital or asset actions; imminent classification triggers stricter prohibitions and resolution plan obligations; critical classification effects appointment of the Corporation as administrator and stays litigation and certain payments, with deposit insurance implications. Articles Other Topics Mon, 25 Dec 2017 08:18:52 +0530 https://www.taxtmi.com/article/detailed?id=7793