Title: | Guidelines for Appeals of Material Supervisory Determinations |
Subject: | Supervisory appeals |
Agency: | FDIC |
Status: |
Notice and request for comment
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Summary: |
On May 17, 2022, the Federal Deposit Insurance Corporation (FDIC) adopted revised Guidelines for Appeals of Material Supervisory Determinations. The revisions generally restore the Supervision Appeals Review Committee as the final level of review in the supervisory appeals process, consistent with the agency’s longstanding practice of providing Board-level review of material supervisory determinations. The FDIC Board issued new proposed changes to the guidelines Oct. 18, 2022, in response to input received on the May notice, as summarized below: The Federal Deposit Insurance Corporation proposes to amend its Guidelines for Appeals of Material Supervisory Determinations, expanding and clarifying the role of the agency’s Ombudsman. The proposal also would require that materials considered by the Supervision Appeals Review Committee be shared with both parties to the appeal, subject to applicable legal limitations on disclosure, and would allow insured depository institutions to request a stay of a material supervisory determination while an appeal is pending. |
FR Doc: | 2022-10904 (May 2022 notice; comment period closed)
2022-22946 (current notice) |
Date proposed: | Oct. 18, 2022 |
Comments due date: | Nov. 21, 2022 |
Effective date: |
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Rule compliance date: | |
Agency release: | |
Related Reg Report item(s): |