{
  "node_id": "us-fdic-improvement-act-fdicia-1991",
  "title": "US FDIC Improvement Act 1991 (FDICIA) - Prompt Corrective Action & Least-Cost Resolution",
  "domain": "Banking & Global Finance",
  "version": "1.0.1",
  "last_updated": "2026-04-30",
  "bluf": "The FDIC Improvement Act of 1991 (Pub. L. 102-242) established Prompt Corrective Action (PCA) - a mandatory five-tier capital classification system for insured depository institutions with escalating regulatory restrictions as capital deteriorates: Well Capitalised, Adequately Capitalised, Undercapitalised, Significantly Undercapitalised, Critically Undercapitalised. FDICIA mandates the least-cost resolution principle (FDIC must use the resolution method that minimises the cost to the deposit insurance fund), annual independent audits for institutions >$500 million, requires safe and sound banking standards, and restricts brokered deposits for less-than-well-capitalised institutions.",
  "paywall": {
    "status": "LOCKED",
    "unlock_cost_usd": "0.01",
    "skyfire_id": "41779894-ece2-4163-9761-b3b1b76e19b0"
  },
  "crosswalks": {
    "_available_keys": [
      "iso_standard",
      "eu_regulation",
      "us_equivalent",
      "uk_equivalent",
      "global_framework"
    ],
    "_note": "Full crosswalk values included in vault response"
  },
  "dependencies": [
    "us-glba-gramm-leach-bliley-act-1999",
    "us-dodd-frank-title-vii-otc-derivatives-2010"
  ],
  "primary_citations_count": 5
}