SUMMARY: The Federal Deposit Insurance Corporation (FDIC or Corporation)
herewith withdraws its prior Policies regarding the establishment and
maintenance of the FDIC Roster of Neutrals. The FDIC has carefully
considered the maintenance of the Roster and issues raised by the
development of separate neutral qualifications. The FDIC has determined that
alternative dispute resolution (ADR) organizations
with ample neutral qualification standards exist within the federal
government and private industry sufficient to meet the FDIC's current and
future demands for ADR services. As such, the FDIC's maintenance of the FDIC
Roster of Neutrals with separate qualifying criteria established by the FDIC
duplicates ADR neutral rosters (with highly qualified ADR specialists) that
are readily available within the
private and federal sectors. Therefore, the FDIC by this Notice withdraws
and rescinds all prior notices (59 FR 15205-01, March 31, 1994; 56 FR
50585-02, October 7, 1991; 59 FR 47876-01, September 19, 1994; 62 FR
48659-01, September 16, 1997; and 62 FR 63177-02, November 26, 1997)
establishing the FDIC's criteria for neutral selection and the maintenance
of the FDIC's Roster of Neutrals.
EFFECTIVE DATE: December 18, 2002.
FOR FURTHER INFORMATION CONTACT: Terry Fenton, Paralegal, Legal Division,
Federal Deposit Insurance Corporation, 550 17th Street, NW., Room H-3138,
Washington, DC 20429, (202) 736-0369.
Dated at Washington, DC, this 11th day of December, 2002.
Federal Deposit Insurance Corporation.