WASHINGTON - Striving to eliminate red tape, Comptroller of the Currency John D. Hawke Jr. was set to unveil plans for the agency's latest high-tech exam tool last weekend at the American Bankers Association annual convention here.

As part of an initiative called "Examination in the 21st Century," the Comptroller's Office is developing an online system that would let regulators remotely view bank documents and analyze data to reduce time spent in the institutions. Examiners could then devote their visits more to discussions with management.

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