Under the proposed amendment, an institution with less than $ million in assets would qualify for the eighteen-month examination cycle only if the institution was well capitalized, well managed, and met the other criteria established by Congress in the Federal Deposit Insurance Corporation Improvement Act of 1991.
The amendment  BIS Review 47/2005  3  also would continue to require that all insured depository institutions undergo a full-scope, on-site examination at least once every twelve or eighteen months. Importantly, the agencies would continue to have the ability to examine any institution more frequently and at any time if the agency determines an examination is necessary or appropriate.