SUMMARY: The Federal Deposit Insurance Corporation's (FDIC) Information Quality
Guidelines will be available for public access on the FDIC Web site: http://www.fdic.gov, on October 1, 2002. The Information
Quality Guidelines describe the FDIC's procedures for reviewing and substantiating the
quality of information before it is disseminated to the public, and the procedures by
which an affected person may request correction of information disseminated by the FDIC
that does not comply with the information quality guidelines.
EFFECTIVE DATE: October 1, 2002.
FOR FURTHER INFORMATION CONTACT: Patricia Klear, Special Assistant to the Director,
Division of Information Resources Management, (703) 516-5401, Manuel A. Palau, Counsel,
Legal Division, (202) 898-8829, or Thomas E. Nixon, Senior Attorney, Legal Division, (202)
898-8766, Federal Deposit Insurance Corporation, 550 17th Street NW., Washington, DC
Authority: Section 515 of the Treasury and General Government Appropriations Act for
Fiscal Year 2001 (Pub. L. 106-554; 114 Stat. 2763).
Background: Section 515 of the Treasury and General Government Appropriations Act for
Fiscal Year 2001 directed agencies subject to the Paperwork Reduction Act (44 U.S.C. 3501
et seq.) to develop
information quality guidelines applicable to information disseminated by the agency on or
after October 1, 2002. Consistent with Office of Management and Budget (OMB) guidelines
implementing section 515 (66 FR 49718, Sept. 28, 2001, 67 FR 8452, Feb. 22, 2002), the
FDIC has developed information quality guidelines that ensure and maximize the quality,
objectivity, utility, and integrity of information disseminated by the FDIC, and which
include an administrative mechanism that allows affected persons to seek and obtain
correction, where appropriate, of information disseminated by the FDIC that does not
comply with FDIC or OMB guidelines. As required by OMB's guidelines, the FDIC is
the Federal Register a notice of availability of the guidelines on its Web site www.fdic.gov.
Dated: September 24, 2002.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
[FR Doc. 02-24676 Filed 9-27-02; 8:45 am]
BILLING CODE 6714-01-P