FDIC Seeks Comment on Bank Appeals Guidelines, Third-Party Lending Guidance as Part of Package of Updated Policies and Procedures — 2016-07-29

The Federal Deposit Insurance Corporation (FDIC) is seeking comments on updates to its guidelines for institutions to appeal certain material supervisory determinations. Further, the FDIC is seeking comments on draft guidance regarding third-party lending. The two items are part of a package issued by the FDIC Board of Directors to improve the transparency and clarity of the FDIC’s supervisory policies and practices, and to ensure that institutions have clear and fair avenues to pursue when there are differences of opinion regarding supervisory matters. Other documents in the package include a statement from the Board to guide FDIC staff in developing and reviewing supervisory guidance, a statement on the development and communication of supervisory recommendations to financial institutions, a statement on the FDIC Code of Conduct to reinforce the Board's commitment to the FDIC's Core Values, and updates to the FDIC's corporate governance policies.