[Federal Register Volume 67, Number 243 (Wednesday, December 18, 2002)]
[Notices]
[Pages 77493-77494]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 02-31852]


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FEDERAL DEPOSIT INSURANCE CORPORATION


Withdrawal of Eligibility Standards for FDIC/RTC Roster of 
Neutrals and Roster of Neutral Questionnaires

AGENCY: Federal Deposit Insurance Corporation (FDIC).

ACTION: Withdrawal of policies relating to the creation and maintenance 
of a Roster of Neutrals.

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SUMMARY: The Federal Deposit Insurance Corporation (FDIC or 
Corporation) herewith withdraws its prior Policies regarding the 
establishment and maintenance of the FDIC Roster of Neutrals. The FDIC 
has carefully considered the maintenance of the Roster and issues 
raised by the development of separate neutral qualifications. The FDIC 
has determined that alternative dispute resolution (ADR) organizations 
with ample neutral qualification standards exist within the federal 
government and private industry sufficient to meet the FDIC's current 
and future demands for ADR services. As such, the FDIC's maintenance of 
the FDIC Roster of Neutrals with separate qualifying criteria 
established by the FDIC duplicates ADR neutral rosters (with highly 
qualified ADR specialists) that are readily available within the 
private and federal sectors. Therefore, the FDIC by this Notice 
withdraws and rescinds all prior notices (59 FR 15205-01, March 31, 
1994; 56 FR 50585-02, October 7, 1991; 59 FR 47876-01, September 19, 
1994; 62 FR 48659-01, September 16, 1997; and 62 FR 63177-02, November 
26, 1997) establishing the FDIC's criteria for neutral selection and 
the maintenance of the FDIC's Roster of Neutrals.

EFFECTIVE DATE: December 18, 2002.

FOR FURTHER INFORMATION CONTACT: Terry Fenton, Paralegal, Legal 
Division, Federal Deposit Insurance Corporation, 550 17th Street, NW., 
Room H-3138, Washington, DC 20429, (202) 736-0369.

    Dated at Washington, DC, this 11th day of December, 2002.


[[Page 77494]]


Federal Deposit Insurance Corporation.
Valerie J. Best,
Assistant Executive Secretary.
[FR Doc. 02-31852 Filed 12-17-02; 8:45 am]
BILLING CODE 6714-01-P