The Federal Deposit Insurance Corp.’s Office of Supervisory Appeals is fully operational and will begin to decide appeals of material supervisory determinations.
The new office will enhance the independence of the agency’s supervisory appeals process and further its goal of ensuring consistency and accountability in the examination process. It replaced the supervision appeals review committee.
The new office was approved, along with the new guidelines for appeals of material supervisory determinations, on Jan. 19, 2021. Time since then has been used as a transition period to train staff and implement the new guidelines.
The new guidelines went into effect Dec. 6, 2021.