Just as we were putting the finishing touches on today's issue, the FDIC voted in favor of a special assessment to recoup the expected $15.8 billion cost to the Deposit Insurance Fund in the aftermath of the Silicon Valley Bank and Signature Bank failures in March. We offer a first take on this vote today and will be looking at this more closely in the weeks to come. 

This week's issue also looks at an important report from the Federal Reserve Board in the U.S. and some important guidance from the Prudential Regulatory Authority in London, along with some very noteworthy enforcement news from the CFTC. 

Are you also looking past the past and, like the FRB and the PRA, focused on what's coming next? I'd love to hear. You can reach out to me here.

Daniel Meade 
Partner and Editor, Cabinet News and Views