In 1991, the U.S. Congress passed the FDIC Improvement Act, requiring regular full-scope, on-site examination of each U.S.-insured depository institution.

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The FDIC Improvement Act of 1991 was enacted in response to the savings and loan crisis, and among its provisions, it required regular full-scope, on-site examinations of each U.S.-insured depository institution to ensure their safety and soundness.