Has the Corporation issued policies for conducting, adjudicating, and documenting background investigations of prospective and current employees?
The FDIC issued its policies and procedures for conducting, adjudicating, and documenting investigations of prospective and current employees in Circular 2120.1. We reviewed Circular 2120.1 and determined that the Circular complied with major provisions of applicable federal laws and regulations related to personnel suitability. The directive states that it is the FDICs policy that employees and applicants for employment undergo a NACI with Credit, or other appropriate background investigation according to the positions held, in order to comply with the Resolution Trust Corporation Completion Act (RTCCA) and relevant federal suitability regulations. The FDICs policy is to employ and retain in employment only those persons who meet all federal requirements for suitability character, reputation, honesty, integrity, trustworthiness and whose employment or conduct would not jeopardize the accomplishment of the Corporations duties or responsibilities. Circular 2120.1 states that applicants,
Related Questions
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- Why should employers consider conducting background investigations on their prospective employees?
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