Banking regulation (41 - 50 of 65 items)
International Banking: Implementation of Risk-Based Capital Adequacy Standards
NSIAD-91-80: Published: Jan 25, 1991. Publicly Released: Jan 25, 1991.
GAO reviewed six countries' implementation of the Basle framework to measure banks' capital adequacy standards and to establish minimum capital standards for international banks, focusing on: (1) steps countries took to implement the framework; (2) progress countries made in meeting the objectives; and (3) issues that remained unresolved.GAO found that: (1) all of the countries undertook efforts t...
Deposit Insurance and Related Reforms
T-GGD-90-46: Published: Sep 19, 1990. Publicly Released: Sep 19, 1990.
GAO discussed deposit insurance reform. GAO noted that the current deposit insurance system is not the relatively and inexpensive proposition it appeared to be in the past because most of the characteristics which deflected risk away from the banks have been stripped away or significantly diminished due to advances in technology and other factors. GAO also noted that actions that could align the d...
U.S. Government Securities: More Transaction Information and Investor Protection Measures Are Needed
GGD-90-114: Published: Sep 14, 1990. Publicly Released: Sep 14, 1990.
Pursuant to a legislative requirement, GAO evaluated the implementation and effectiveness of the Government Securities Act of 1986.GAO found that: (1) the Securities and Exchange Commission (SEC) found that the National Association of Securities Dealers (NASD) was ensuring that specialist firms complied with Treasury requirements and regulations; (2) gaps in investor protection could result in inv...
European Community: U.S. Financial Services' Competitiveness Under the Single Market Program
T-NSIAD-90-45: Published: May 23, 1990. Publicly Released: May 23, 1990.
GAO discussed its assessment of how the European Community's (EC) Single Market Program might affect U.S. financial firms. GAO noted that the Single Market Program will create more opportunities for U.S. financial firms to expand their already considerable EC business. GAO found that: (1) it appeared that U.S. financial firms would face relatively few EC-imposed restrictions; (2) insurance has bee...
Bank Powers: Activities of Securities Subsidiaries of Bank Holding Companies
GGD-90-48: Published: Mar 14, 1990. Publicly Released: Mar 20, 1990.
Pursuant to a congressional request, GAO assessed so-called section 20 securities subsidiaries of bank holding companies.GAO found that: (1) in the third quarter of 1989, 13 section 20 firms underwrote about $69 billion in bank-ineligible securities, a 90-percent increase over the second quarter; (2) in the second quarter of 1989, section 20 firms accounted for about 7 percent of all revenue reali...
Activities of Securities Subsidiaries of Bank Holding Companies
T-GGD-90-21: Published: Mar 19, 1990. Publicly Released: Mar 19, 1990.
GAO discussed the Federal Reserve System's authorization of 21 bank holding companies and 5 foreign banks to expand their securities activities by establishing non-bank subsidiaries. GAO noted that the Federal Reserve needed to consider: (1) a controlled, phased approach to expanding securities activities to ensure sufficient regulation and oversight; (2) whether transferring securities activities...
Thrift Industry: The Role of Federal Home Loan Bank Advances
GGD-89-123: Published: Sep 21, 1989. Publicly Released: Sep 21, 1989.
Pursuant to a congressional request, GAO analyzed certain aspects of the Federal Home Loan Banks' Advances Program, under which the 12 district banks made collateralized loans to member thrift institutions.GAO found that: (1) the asset portfolios of thrifts that heavily relied on advances were not very different from the asset portfolios of thrifts that only lightly depended on advances or did not...
Bank and Savings and Loan Insurance Funds: Financial Condition and Proposed Reforms
T-AFMD-89-3: Published: Mar 10, 1989. Publicly Released: Mar 10, 1989.
GAO discussed the financial condition of the banking industry and the savings and loan (S&L) industry, and recommendations for solving the S&L crisis. GAO found that: (1) despite the adverse events of the last decade, the banking industry and its insurer, the Federal Deposit Insurance Corporation (FDIC), remain fairly healthy; (2) U.S. banks in general have curtailed or eliminated new loans to les...
High Yield Bonds: Issues Concerning Thrift Investments in High Yield Bonds
GGD-89-48: Published: Mar 2, 1989. Publicly Released: Mar 2, 1989.
Pursuant to a legislative requirement, GAO discussed the high-yield bond market, focusing on: (1) federally insured thrifts' investments in high-yield bonds; (2) state and federal regulation of such investments; and (3) the relationship of high-yield bonds to federal monetary policy.GAO found that: (1) the Federal Home Loan Bank Board (FHLBB) and thrift institutions lacked comparative data on high...
Banking: Conflict of Interest Abuses in Commercial Banking Institutions
GGD-89-35: Published: Jan 27, 1989. Publicly Released: Feb 27, 1989.
In response to a congressional request, GAO provided information on conflicts of interest in commercial banking institutions, focusing on: (1) the types of conflicts of interest and associated abuses; (2) how to control conflicts of interest and limit associated abuses; and (3) the impact of expanded banking securities powers on conflicts of interest and associated abuses.GAO interviewed bankers,...