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FDICIA

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AcronymDefinition
FDICIAFederal Deposit Insurance Corporation Improvement Act of 1991


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Currently, the threat of activating FDICIA for use against large banks will give the bankers substantial incentive to find its share of funds in the market.
The system is administered by the FDIC, but since the adoption of FDICIA in 1991, the capital of all insured banks is what stands behind federal deposit insurance, not the resources of the federal government or its taxpayers.
Protiviti says its deep understanding of ERP capabilities and regulations such as Sarbanes-Oxley, FDICIA, FDA, Basel II and HIPAA, coupled with SAP's product offerings, can assist companies in navigating today's complex compliance environment.
 
 
 
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