Information for Prospective Outside Counsel
Conflicts of Interest
Outside counsel must disclose in writing to the Legal Division any actual or potential conflict, or appearance of a conflict, as part of its application. In accordance with 12 C.F.R. Part 366, outside counsel must submit a form as part of its application in which it makes representations and certifications concerning its fitness and integrity to enter into a Legal Services Agreement with the FDIC. Outside counsel must be free of any conflict of interest unless the Legal Division waives the conflict in writing. The FDIC furnishes outside counsel with its policies and procedures relating to conflicts of interest with the application materials, or they may be accessed from the FDICs Internet Home Page (See Contact List).