Bankowość · 1.04.1997

Statement of Policy Regarding Liability of Commonly Controlled Depository Institutions

The FDIC is revising the statement of policy which sets forth the procedures and guidelines the FDIC uses in assessing liability against commonly controlled depository institutions under section 5(e) of the Federal Deposit Insurance Act. The revised policy statement provides guidance based on the FDIC's experience in administering the provisions of section 5(e) of the Act and clarifies the authority granted to the FDIC to issue assessments of liability or grant conditional waivers of liability, the manner in which the FDIC will assess the amount of loss incurred by the FDIC, and the manner in which each liable institution's share of that loss will be determined. The revised policy statement also addresses the potential liability of depository institutions acquired by unaffiliated parties prior to any occurrence establishing liability under section 5(e) of the Act.