Nuveen Dhingra

Mr. Dhingra is an associate in Davis Polk's Financial Institutions Group. [Full Bio]

Latest Articles

The future of resolution planning for U.S. global systemically important banking organizations (G-SIBs) has started to come into focus.  The FDIC and the Federal Reserve have recently laid out an ambitious agenda designed to put in place Resolution Planning 2.0.  This slide sets forth our collection of the publicly known elements of that agenda, as drawn from speeches, testimony and the cadence of agency review of resolution plans. The most recent of these speeches is…
It is no secret that the United States lags behind other countries in the development of a national real-time payments infrastructure.[1]  There are, of course, explanations for this lag, including widespread participation in the existing infrastructure rails and the existence of many different stakeholder interests limiting consensus over reforms.  So far, the Federal Reserve has been cautious, using its powers of moral suasion and its intellectual firepower to bring together stakeholders to start…
The Financial Stability Board (FSB) has a long history of taking the high road in proposing international financial regulatory standards.  Its Key Attributes for Effective Resolution Regimes for Financial Institutions is an excellent example.  That document established high standards for national laws governing the resolution of systemically important financial institutions (SIFIs).  Another example was its role in the development of the 2015 ISDA Universal Resolution Stay Protocol, which helped erase a material impediment to…
There is no shortage of ideas from the financial sector on how to rebalance financial sector regulation judging by the many reports, white papers and letters that have been sent to Treasury Secretary Mnuchin and his staff. We thought our readers, and perhaps the Treasury staff who must be burning the midnight oil working on their report on President Trump’s Core Principles for regulating the U.S. financial system might appreciate having them linked in one place. So…