Current and Future Bank Examination and Supervision Systems: Hearing Before the Subcommittee on Financial Institutions and Consumer Credit of the Committee on Banking and Financial Services, House of Representatives, One Hundred Fifth Congress, First Session, October 8, 1997, Volume 4 |
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affiliates areas assets bank and thrift bank examination bank regulators bank supervision bank's banking agencies banking departments banking industry banking organizations banking system BEREUTER broker-dealers CAMELS rating capital Chairwoman ROUKEMA changes Committee compliance Comptroller conduct CSBS Deposit Insurance depository institutions develop effective efforts enforcement enhanced ensure evaluate examination and supervision examination procedures examination process examination program FDIC FDICIA federal banking Federal Reserve financial institutions financial services focus foreign banks holding company identify implemented improve increased institution's interagency interest rate risk internal controls interstate banking investors issues joint examinations loan market risk MCCOOL member firms monitor mutual funds NASD NASDR national banks NYSE OCC's on-site examinations operations oversight policies problems regulatory agencies responsibilities Retsinas risk assessment risk management safety and soundness securities firms staff sub-prime lending subcommittee subsidiaries supervision by risk VENTO York Stock Exchange
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Page 218 - US Securities and Exchange Commission 450 Fifth Street, NW Washington, DC 20549 TESTIMONY OF RICHARD C.
Page 262 - Interagency Guidelines Establishing Information Security Standards (the "Security Guidelines")2 and describes response pro1This Guidance is being jointly issued by the Board of Governors of the Federal Reserve System (Board), the Federal Deposit Insurance Corporation (FDIC), the Office of the Comptroller of the Currency (OCC), and the Office of Thrift Supervision (OTS).
Page 120 - Systems of internal control used to assure compliance with regulatory requirements including disclosures to investors; • Risk management systems used by the adviser to monitor and control the risks in light of the fund's objectives; • Management of conflicts of interest between the adviser and the advised funds or other advisory clients and the advised funds including use of brokers, soft-dollar arrangements, acquisition of new clients, allocation of orders, and personal securities transactions;...
Page 161 - Act of 1989 (FIRREA) and the Federal Deposit Insurance Corporation Improvement Act of 1991 (FDICIA...
Page 219 - ... COMMISSIONER, SECURITIES AND EXCHANGE COMMISSION, ACCOMPANIED BY GENE A. GOHLKE, ACTING DIRECTOR, DIVISION OF INVESTMENT MANAGEMENT; AND MARY S. PODESTA, ASSOCIATE DIRECTOR, DIVISION OF INVESTMENT MANAGEMENT Ms. SCHAPIRO. Thank you, Mr. Chairman, members of the committee. It is a pleasure to have the opportunity to testify today on behalf of the Securities and Exchange Commission in support of HR 4441, the Investment Advisers Disclosure and Enforcement Act of 1990. I have the pleasure of having...
Page 73 - Member Board of Governors of the Federal Reserve System before the Subcommittee on Financial Institutions and Consumer Credit...
Page 197 - CSBS greatly appreciates the commitment of the Congress to preserve and enhance the ability of the states to respond to customer and business needs. Support of dual federal and state chartering will allow our financial markets to continue to be the world's most vigorous. Choice in the regulatory environment can have many of the same benefits that it has in the business environment Knowing that banks have a choice, regulators work smarter and more effectively. The safety and soundness of the financial...
Page 22 - I would like to submit for the record. In the interest of time, I will just summarize it very briefly so that we get on to the questions.
Page 105 - Accords), the International Organization of Securities Commissions, and the International Association of Insurance Supervisors to deal with issues common to the banking, securities and insurance sectors, focusing especially upon oversight of financial conglomerates.
Page 263 - ... products: • • are not insured by the FDIC: • are not deposits or other obligations of the institution and are not guaranteed by the institution: and, • are subject to investment risks, including possible loss of the principal invested.