Federal Reserve Could Improve the Efficiency of Bank Holding Company Inspections.

reportActive / Technical Report | Accession Number: ADA106571 | Open PDF

Abstract:

This report discusses the Federal Reserves bank holding company supervision program and offers a number of recommendations for improvement. These recommendations primarily deal with the scope and frequency of holding company inspections, the use of financial information to monitor the condition of holding companies, and the use of other Federal bank regulators to perform inspections of low-risk holding companies at the Federal Reserves request. We undertook this review because the number of bank holding companies has grown rapidly, and the Federal Reserve has made a number of changes to improve its supervision and accommodate the increasing workload. We wanted to determine whether further revisions in holding company inspection procedures were needed.

Author(s):
No Author(s) Identified
Author Organization(s):
GENERAL ACCOUNTING OFFICE WASHINGTON DC GENERAL GOVERNMENT DIV
Supplementary Note:
Report to the Congress.
Pagination:
0061

Security Markings

DOCUMENT & CONTEXTUAL SUMMARY

Distribution:
Approved For Public Release

RECORD

Collection: TR
Identifying Numbers
Report Number(s):
GAO/GGD-81-79
 Subject Terms
Joint Capability Areas:
JCA_5_Command and Control; JCA_2_Battlespace Awareness; JCA_2.1_Planning and Direction; JCA_5.3_Planning; JCA_5.6_Monitor; JCA_2.1.4_Evaluation; JCA_2.1.3_Task and Monitor Resources; JCA_5.6.3_Assess Achievement of Objectives; JCA_5.6.1_Assess Compliance with Guidance; JCA_2.2_Collection; JCA_5.3.3_Develop Strategy; JCA_5.3.4_Develop Courses of Action; JCA_5.3.5_Analyze Courses of Action; JCA_5.2_Understand; JCA_5.2.3_Share Knowledge and Situational Awareness; JCA_1_Force Support; JCA_1.2_Force Preparation; JCA_5.1.1_Establish and Maintain Unity of Effort with Mission Partners; JCA_5.1_Organize; JCA_1.2.6_Concepts; JCA_1.2.1_Training
Modernization Areas:
Autonomy
Communities of Interest:
Human Systems
Descriptor(s):
*MANAGEMENT, *CORPORATIONS, *BANKING, *INSPECTION, POLICIES, UNITED STATES GOVERNMENT, MANAGEMENT PLANNING AND CONTROL, ACCOUNTING, MONITORING, SCHEDULING, DATA ACQUISITION, REGULATIONS, SUPERVISION, AUDITING
Field(s)/Group(s):
Economics and Cost Analysis, Government and Political Science
Report Date:
1981 Aug 18