Bank Supervision: Prompt and Forceful Regulatory Actions Needed

摘要

GAO's testimony today covers the enforcement process used by bank regulators tocorrect unsafe conditions or practice found in banks. GAO calls for changes aimed at achieving prompt and predictable regulatory responses to problem conditions in banks. GAO's study was conducted by reviewing the enforcement histories of a random sample of 72 banks from the universe of banks having capital difficulties as of January 1, 1988. These 72 bank cases came from three geographic areas and were equally divided among the three federal regulators--the Office of the Comptroller of the Currency, the Federal Deposit Insurance Corporation, and the Federal Reserve Systems.