(1) After completion of an official administration under Part 9 or a receivership under Part 10 (a resolution action), the Central Bank shall conduct a review to ascertain why the licensed financial institution's or licensed financial holding company's problems required a resolution action under either of those Parts.
(2) The Central Bank shall prepare a written report that describes in detail the circumstances leading to the resolution action, the actions taken by the Central Bank prior to action under Part 9 or Part 10 to address any problems, the reasons why those actions did not succeed in preventing the need for resolution.
(3) The Central Bank shall lay a copy of the report before the Monetary Council.