Chapter 5 – Prompt Corrective Action
PROMPT CORRECTIVE ACTION Chapter 5 Formal and Informal Enforcement Actions Manual Chapter 5 – Prompt Corrective Ac tion Federal Deposit Insurance Corporation 5-1 (11-2019) Prompt Corrective Action Section 38 of the FDI Act authorizes the FDIC to take PCA against IDIs based on their capital levels. The actions may include the following:
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