As required by section 132 of the Federal Deposit Insurance Corporation Improvement Act of 1991 (FDICIA), the Office of the Comptroller of the Currency (OCC), the Board of Governors of the Federal Reserve System (Board of Governors), the Federal Deposit Insurance Corporation (FDIC), and the Office of Thrift Supervision (OTS) (collectively, the agencies) have adopted a final rule establishing deadlines for submission and review of safety and soundness compliance plans. The agencies may require compliance plans to be filed by an insured depository institution for failure to meet the safety and soundness standards prescribed by guideline pursuant to section 39 of the Federal Deposit Insurance Act (FDI Act). In conjunction with this final rule, the agencies have adopted Interagency Guidelines Establishing Standards for Safety and Soundness (Guidelines). The Guidelines will appear as an appendix to each of the agencies' final rule. The agencies view the final rule and Guidelines as a realistic balance between the objectives of section 132 of FDICIA and avoiding overly burdensome regulation. In November 1993, the agencies published in the Federal Register a joint notice of proposed rulemaking prescribing standards for safety and soundness, including standards for asset quality and earnings. The agencies are proposing revised asset quality and earnings standards. A document requesting comment on these standards is published elsewhere in this separate part of the Federal Register. The agencies intend to add asset quality and earnings standards to the Guidelines after public comments are considered and final standards are adopted.