IMPROVED EXAMINATIONS.

SEC. 111. IMPROVED EXAMINATIONS. (a) * * * * * * * * * * (d) [12 U.S.C. 3305 nt.] Examination Improvement Program.— (1) In general.—The appropriate Federal banking agencies, acting through the Federal Financial Institutions Examination Council, shall each establish a comparable examination improvement program that meets the requirements of paragraph (2). (2) Requirements.—An examination improvement program meets the requirements of this paragraph if, under the program, the agency is required— (A) to periodically review the organization and training of the staff of the agency who are responsible for conducting examinations of insured depository institutions and to make such improvements as the agency determines to be appropriate to ensure frequent, objective, and thorough examinations of such institutions; and (B) to increase the number of examiners, supervisors, and other individuals employed by the agency in connection with conducting or supervising examinations of insured depository institutions to the extent necessary to ensure frequent, objective, and thorough examinations of such institutions. * * * * * * *