FDIC Federal Register Citations

[Federal Register: January 10, 1997 (Volume 62, Number 7)]

[Notices]

[Page 1456]

From the Federal Register Online via GPO Access [wais.access.gpo.gov]

[DOCID:fr10ja97-72]

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FEDERAL DEPOSIT INSURANCE CORPORATION

Alternative Dispute Resolution

AGENCY: Federal Deposit Insurance Corporation (FDIC).

ACTION: Notice of adoption of policy statement.

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SUMMARY: The FDIC has adopted a Statement of Policy to further its

commitment to the use of Alternative Dispute Resolution for resolving

appropriate disputes in a timely and cost efficient manner and to

comply with the spirit of the Administrative Dispute Resolution Act of

1996.

EFFECTIVE DATE: December 11, 1996.

FOR FURTHER INFORMATION CONTACT: Martha W. McClellan, Counsel (202)

736-0512, Legal Division, Federal Deposit Insurance Corporation, 550

17th Street, NW., Washington, DC 20429.

SUPPLEMENTARY INFORMATION: The Board of Directors of the FDIC has

modified its Statement of Policy on Alternative Dispute Resolution to

reflect technical adjustments necessary in light of the reenactment of

the Administrative Dispute Resolution Act (Pub. L. 104-320), and to

reflect recent FDIC administrative and organizational changes. The text

of the revised Policy Statement follows:

Statement of Policy on Alternative Dispute Resolution

The Federal Deposit Insurance Corporation (FDIC) has been and

continues to be committed to the use of Alternative Dispute Resolution

(ADR) for resolving appropriate disputes in a more timely, less costly

manner than litigation or administrative adjudication. The FDIC hereby

adopts this policy to reiterate its commitment to ADR, to express its

full support for ADR and to set forth a framework for the continuing

and expanding use of ADR. The Corporation views ADR not as an end in

itself, but rather, as an additional tool to accomplish its business

efficiently, economically and productively. To that end, the FDIC

believes that its ADR policy should be dynamic and continually

developing.

The FDIC fully supports the cost-effective use of ADR, including

negotiation, mediation, early neutral evaluation, neutral expert fact-

finding, mini-trials and other hybrid forms of ADR in appropriate

instances. The purpose of this policy is to use ADR in appropriate

instances to resolve disputes at the earliest stage possible, by the

fastest and least expensive method possible and at the lowest possible

organizational level consistent with applicable delegation of

authority.

The Senior Deputy Director (Division of Resolutions and

Receiverships) serves as the Dispute Resolution Specialist for the

Corporation. In addition, an ADR Steering Committee, composed of the

Dispute Resolution Specialist (or his/her designee) and representatives

from each Division and Office, was established by the Board of

Directors in 1994 to coordinate and encourage appropriate and cost-

effective conflict management practices in all aspects of FDIC

operations and programs. The Dispute Resolution Specialist, working

with the ADR Steering Committee, shall report to the Board of Directors

on an annual basis regarding the Corporation's ADR efforts,

implementation of this policy, and any revisions or actions necessary.

It is the responsibility of all FDIC employees to implement this

policy and to practice and promote cost-effective dispute resolution in

FDIC programs and other areas of Corporation operation. All management

and employees of the FDIC are hereby directed to take the necessary

steps to implement this policy and to cooperate to the fullest extend

with the ADR Steering Committee and the Dispute Resolution Specialist

(and his/her designee) to promote effective and appropriate use of ADR

at the Corporation in furtherance of this policy.

The FDIC welcomes and encourages input on the use of ADR and

comment on current and potential uses of ADR from both within and

outside the Corporation.

By order of the Board of Directors.

Dated at Washington, DC, the 11th day of December, 1996.

Federal Deposit Insurance Corporation.

Jerry L. Langley,

Executive Secretary.

[FR Doc. 97-562 Filed 1-9-97; 8:45 am]

BILLING CODE 6714-01-M