Book Description

This report summarizes the results of a review of the implementation of the Fed. Deposit Insur. Corp. Improve. Act of 1991's (FDICIA) Prompt Regulatory Action provisions. Focuses on the Fed. Reserve System's and the Office of the Comptroller of the Currency's efforts to implement the provisions and the impact of the provisions on Fed. oversight of depository institutions. Also discusses other initiatives, contained in FDICIA or self-initiated by the regulators, that are intended to improve the supervision and early identification of institutions with safety problems.