Bankowość · 03/07/1996

Statement of Policy on Assistance to Operating Insured Depository Institutions

The statement of policy would revise the FDIC's Statement of Policy on Assistance to Operating Insured Depository Institutions, which was published in the Federal Register on December 18, 1992 (the 1992 Policy Statement) (see, 57 FR 60203 (December 18, 1992)). As required by section 303(a) of the Riegle Community Development and Regulatory Improvement Act of 1994 (the RCDRIA), the FDIC is conducting a systematic review of its regulations and statements of policy to identify and revise regulations and statements of policy that might be inefficient, cause unnecessary burden, or contain outmoded, duplicative, or inconsistent provisions (see, 60 FR 62345 (December 6, 1995)). The FDIC has reviewed the 1992 Policy Statement and has concluded that it should be revised. This revised statement of policy would replace the 1992 Policy Statement. The statement of policy would (i) reflect the statutory ``sunset'' of the Resolution Trust Corporation on December 31, 1995, by deleting references to the Resolution Trust Corporation's statutory authority; (ii) incorporate the requirements of section 11 of the Resolution Trust Corporation Completion Act, P.L. 103-204, section 11 (1993), which revised