[Federal Register Volume 59, Number 61 (Wednesday, March 30, 1994)]
[Unknown Section]
[Page 0]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 94-7466]


[[Page Unknown]]

[Federal Register: March 30, 1994]


=======================================================================
-----------------------------------------------------------------------

FEDERAL DEPOSIT INSURANCE CORPORATION

 

Alternative Dispute Resolution

AGENCY: Federal Deposit Insurance Corporation (FDIC).

ACTION: Policy statement.

-----------------------------------------------------------------------

SUMMARY: The FDIC has adopted a Statement of Policy to further its 
commitment to the use of Alternative Dispute Resolution for resolving 
appropriate disputes in a timely and cost efficient manner and to 
comply with the spirit of the Administrative Dispute Resolution Act, 
Public Law 101-648.

EFFECTIVE DATE: March 30, 1994.

FOR FURTHER INFORMATION CONTACT: Charlotte M. Kaplow, Counsel (202-736-
0248), Legal Division, Federal Deposit Insurance Corporation, 550 17th 
Street, NW., Washington, DC 20429.

SUPPLEMENTARY INFORMATION: The Board of Directors of the FDIC has 
adopted a Statement of Policy on Alternative Dispute Resolution. The 
text of the Policy Statement follows:

Statement of Policy on Alternative Dispute Resolution

    The Federal Deposit Insurance Corporation (FDIC) has been and 
continues to be committed to the use of Alternative Dispute Resolution 
(ADR) for resolving appropriate disputes in a more timely, less costly 
manner than litigation or administrative adjudication. The FDIC hereby 
adopts this policy to reiterate its commitment to ADR, to express its 
full support for ADR and to set forth a framework for the continuing 
and expanding use of ADR. The Corporation views ADR not as an end in 
itself, but rather, as an additional tool to accomplish its business 
efficiently, economically and productively. To that end, the FDIC 
believes that its ADR policy should be dynamic and continually 
developing.
    The FDIC fully supports the cost-effective use of ADR, including 
negotiation, mediation, early neutral evaluation, neutral expert fact-
finding, mini-trials and other hybrid forms of ADR in appropriate 
instances; it does not favor the use of binding arbitration other than 
as set forth in the Administrative Dispute Resolution Act of 1990. The 
purpose of this policy is to use ADR in appropriate instances to 
resolve disputes at the earliest stage possible, by the fastest and 
least expensive method possible and at the lowest possible 
organizational level consistent with applicable delegations of 
authority.
    The Deputy General Counsel (Liquidation) serves as the Dispute 
Resolution Specialist for the Corporation. In addition, an ADR Task 
Force, composed of the Dispute Resolution Specialist (or his/her 
designee) and representatives from each Division and Office, is hereby 
created. The purpose of the ADR Task Force is to assess, design, 
implement, evaluate and coordinate ADR efforts across the Corporation; 
to develop strategies for educating employees (at all levels) and 
disputants about ADR options; and to promote procedures for the 
systematic use of ADR at the FDIC. The Dispute Resolution Specialist, 
working with the Task Force, shall report to the Board of Directors on 
an annual basis regarding the Corporation's ADR efforts, implementation 
of this policy, and any revisions or actions necessary.
    It is the responsibility of all FDIC employees to implement this 
policy and to practice and promote cost-effective dispute resolution in 
FDIC programs and other areas of Corporation operation. All management 
and employees of the FDIC are hereby directed to take the necessary 
steps to implement this policy and to cooperate to the fullest extent 
with the ADR Task Force and the Dispute Resolution Specialist (and his/
her designee) to promote effective and appropriate use of ADR at the 
Corporation in furtherance of this policy.
    The FDIC welcomes and encourages input on the use of ADR and 
comment on current and potential uses of ADR from both within and 
outside the Corporation.

    By order of the Board of Directors.

    Dated at Washington, DC, this 22nd day of March, 1994.

Federal Deposit Insurance Corporation.
Robert E. Feldman,
Acting Executive Secretary.
[FR Doc. 94-7466 Filed 3-29-94; 8:45 am]
BILLING CODE 6714-01-P