US EditionFDIC proposes to replace Supervision Appeals Review Committee with an independent office
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FDIC proposes to replace Supervision Appeals Review Committee with an independent office
The FDIC is proposing to replace its Supervision Appeals Review Committee (SARC) with an independent, standalone office, known as the Office of Supervisory Appeals (OSA). Under the proposal, the OSA would be the final level of review of material supervisory determinations, independent of the divisions that make supervisory decisions. FDIC officials believe the changes would facilitate an appeals process that would be consistent over time.... Con…
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