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The FDIC will publicize its enforcement actions.

May 07, 1985

Under a policy adopted by the Federal Deposit Insurance Corp.'s board, enforcement actions taken against banks by the FDIC will be made public starting Jan. 1. Such orders normally are aimed at correcting such problems as inadequate capital, abusive insider dealings, use of brokered deposits to engage in speculative loans, inadequate management and a variety of violations of laws or regulations. The idea of making such orders public is to give the FDIC additional leverage over bankers inclined to engage in risky business practices that do not necessarily violate laws but could endanger a bank's health if allowed to continue.

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