Tag: banking
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![Fixing Too-Big-To-Fail [Banking Law] [Foreign Law Commentary]](https://alexanderpang.com/wp-content/uploads/2017/04/33251816086_f2164dcc5b_k.jpg?w=1024)
Fixing Too-Big-To-Fail [Banking Law] [Foreign Law Commentary]
US Congress Passes Financial Institutions Bankruptcy Act 2017 (FIBA) The Global Restructuring Review recently reported that the US Congress passed the FIBA on 5 April with the objective of amending the Bankruptcy Code to provide a framework to address the contingency where a financial institution with assets in excess of USD 50 billion suffers from financial collapse. Subject…