Skip to main content
U.S. flag
An official website of the United States government
Dot gov
The .gov means it’s official.
Federal government websites often end in .gov or .mil. Before sharing sensitive information, make sure you’re on a federal government site.
Https
The site is secure.
The https:// ensures that you are connecting to the official website and that any information you provide is encrypted and transmitted securely.
Press Release
Agencies Propose to Update and Modernize the Uniform Rules of Practice and Procedure for Formal Administrative Enforcement Proceedings
April 13, 2022

For Release

WASHINGTON – The Federal Deposit Insurance Corporation (FDIC) invites comment on an interagency proposal to update the rules governing formal administrative proceedings for insured depository institutions. The proposed updates would modernize these rules, aligning them with current practices and facilitating the use of electronic communications and technology in formal administrative proceedings. The proposal was jointly developed with the Federal Reserve Board, the Office of the Comptroller of the Currency, and the National Credit Union Administration.

In addition, the FDIC invites comment on proposed updates to its local rules, as well as adding new rules applicable only to FDIC administrative proceedings. These proposed local rules will increase transparency in administrative actions by fostering communication and cooperation between parties, formally adopting procedures currently followed in administrative proceedings, and provide for the possibility of limited depositions during discovery.

Comments will be accepted for 60 days after publication in the Federal Register.

PR-32-2022
Attachments
Interagency Proposed Rule to Revise Uniform Rules of Practice and Procedure and FDIC’s General Rules of Procedure
Last Updated: April 13, 2022