The Federal Deposit Insurance Corporation has proposed a notable pullback in two areas that have shaped large-bank compliance since the post-2008 reform era: resolution planning and deposit insurance assessments. If adopted, the changes would significantly ease “living will” obligations for large banks and reduce annual deposit-insurance costs by an estimated $4 billion.

Although this is not a courtroom dispute, it is the kind of regulatory shift that can drive substantial legal work across the financial sector.