SUMMARY: The Chairman of the Federal Deposit Insurance Corporation has
determined to establish the FDIC Advisory Committee on Banking Policy
(``the Committee''). The Committee will provide advice and
recommendations on a broad range of issues relating to the FDIC's
mission and activities, including, but not limited to: the delivery of
services by the FDIC, its corporate infrastructure, and policy
initiatives in the areas of deposit insurance, supervision of financial
institutions, resolutions and management of failing and failed
institutions, and other issues impacting the financial services
industry. The Chairman certifies that the establishment of this
advisory committee is in the public interest in connection with the
performance of duties imposed on the FDIC by law.
FOR FURTHER INFORMATION CONTACT: Joan S. van Berg, Legal Division,
FDIC, 550 17th Street, NW., Washington, DC 20429; telephone (202) 898-
6891.
SUPPLEMENTARY INFORMATION: In accordance with the requirements of the
Federal Advisory Committee Act (``FACA''), 5 U.S.C. App. 2, notice is
hereby given that the Chairman of the FDIC intends to establish the
FDIC Advisory Committee on Banking Policy (``the Committee''). After
consultation with the General Services Administration as required by
section 9(a)(2) of FACA and 41 CFR 102-3.65, the Chairman of the FDIC
certifies that he has determined that the establishment of the
Committee is in the public interest in connection with the performance
of duties imposed on the FDIC by law.
The Committee will provide advice and recommendations on a broad
range of issues relating to the FDIC's mission and activities,
including, but not limited to: the delivery of services by the FDIC,
its corporate infrastructure, and policy
[[Page 7374]]
initiatives in the areas of deposit insurance, supervision of financial
institutions, resolutions and management of failing and failed
institutions, and other issues impacting the financial services
industry. The Committee will function solely as an advisory body, and
in compliance with the provisions of the Federal Advisory Committee
Act. To achieve the Committee's goals, members will be appointed that
can effectively represent the varied and diverse interests affected by
the range of issues to be considered. The Committee's membership may
include, among others, representatives from academia, financial
institutions, the financial services industry, private industry,
consumer or public interest groups, state supervisory authorities, or
others impacted by banking-related and operational issues. The
Committee's members will be chosen to ensure a fairly balanced
membership to bring into account a diversity of viewpoints, expertise,
and backgrounds.
Dated: February 13, 2002.
Federal Deposit Insurance Corporation.
Robert E. Feldman,
Executive Secretary.
[FR Doc. 02-3975 Filed 2-15-02; 8:45 am]
BILLING CODE 6714-01-P
