Enforcement Actions and Professional Liability Claims Against Institution-Affiliated Parties and Individuals Associated with Failed Institutions

Appendix 2: Regulators’ Processes for Pursuing EAs and PLCs

FDIC: Enforcement Actions Process Pertaining to IAPs

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Source: Created by the FDIC OIG based on input from the FDIC.

 

FRB: Enforcement Actions Process Pertaining to IAPs

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Source: Created by the FRB OIG based on input from the FRB.

 

OCC: Enforcement Actions Process Pertaining to IAPs

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Source: Created by the Treasury OIG based on input from the OCC.

 

FDIC: Professional Liability Claims Process

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* Targets of investigations are generally provided an opportunity to settle claims prior to a lawsuit being filed. Authorities to settle are obtained as appropriate through delegated authority or the FDIC Board at any point during this process. Final settlements are posted to the FDIC's Web site.

** Lawsuits are generally filed in federal court; however, there may be circumstances when suits are filed in state court or proceed to arbitration.

Source: FDIC.