(a) A resolution covered IHC
that has any outstanding eligible external debt securities must publicly
disclose a description of the financial consequences to unsecured
debtholders of the resolution covered IHC entering into a resolution
proceeding in which the resolution covered IHC is the only entity
in the United States that would be subject to the resolution proceeding.
(b) A resolution covered IHC must provide the disclosure
required by paragraph (a) of this section:
(1) In the offering documents for all of
its eligible external debt securities; and
(2) Either:
(i) On the resolution
covered IHC’s Web site; or
(ii) In more than one public financial
report or other public regulatory reports, provided that the resolution
covered IHC publicly provides a summary table specifically indicating
the location(s) of this disclosure.