A return of the Supervision Appeals Review Committee is a step backward for banks looking for an unbiased venue to challenge adverse regulatory rulings.
On May 17, 2022, the FDIC adopted revised Guidelines for Appeals of Material Supervisory Determinations (Guidelines). The amended Guidelines restored the Supervision Appeals Review.
On May 17, the Federal Deposit Insurance Corporation ("FDIC") issued Financial Institutions Letter 22-2022 updating the FDIC's Guidelines for Appeals of Material Supervisory Determinations.
On May 17, the Federal Deposit Insurance Corporation (“FDIC”) issued Financial Institutions Letter 22-2022 updating the FDIC’s Guidelines for Appeals of Material Supervisory.