The House Judiciary Committee has approved the Financial Institution Bankruptcy Act of 2014 that would update antiquated US bankruptcy codes. In a written statement, the committee said the bipartisan bill has been the result of recent re-examination of bankruptcy laws as they relate to the resolution of financial firms.

Global Risk Regulator’s articles are exclusively

available to full subscribers

 

Subscribe today to ensure you stay informed about the latest global regulations and standards.

Tel: +44 (0)20 7873 3183
Email: grr@ft.com

Global Risk Regulator
   
Subscribing to Global Risk Regulator ensures easy online access and navigation for the latest analysis, multimedia content, monthly and breaking news alerts straight to your inbox and access to the 10-year archive.
 
Navigate through the regulatory landscape with a subscription to Global Risk Regulator.