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US regulators should ease banks' 'living will' requirements, OCC's Gould says

By Neil Roland ( January 17, 2026, 00:39 GMT | Insight) -- US banking regulators should reduce the frequency and scope of resolution plans required of banks, said Comptroller of the Currency Jonathan Gould. These "living wills," which were mandated by the 2010 Dodd-Frank Act after the 2008 financial crisis, now call for resolution plans to be submitted by large banks every two or three years, depending on the banks’ size. Gould called for them to be submitted every five or 10 years.US banking regulators should reduce the frequency and scope of resolution plans required of banks, Comptroller of the Currency Jonathan Gould said Friday....

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