Simpson Thacher Attorneys Author Law360 Article on FSOC's Expansion of Nonbank Oversight
11.20.23
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Partners Lee Meyerson, Amanda Allexon and Spencer Sloan authored an article titled, “A Deep Dive Into FSOC's Expansion Of Nonbank Oversight,” which was published by Law360. The article discussed the Financial Stability Oversight Council’s (“FSOC”) November 3 amendments to its interpretive guidance on assessing financial stability risks and designating nonbank financial companies as “systemically important.” The piece went on to further provide background on FSOC’s designation process, discussed the nonbank SIFI designation procedures under the new guidance and outlined key takeaways from the new framework.
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