12 CFR § 617.7505
How will the qualified lender know when FCA is considering issuing a distressed loan restructuring directive?
November 10, 2020
When FCA intends to issue a distressed loan restructuring directive, it will notify the qualified lender in writing. The notice will state:
(a) The reasons FCA intends to issue a distressed loan restructuring directive;
(b) The proposed contents of the distressed loan restructuring directive; and
(c) Any other relevant information.