Financial Disclosure Systems in Banking Regulatory Agencies

FPCD-77-29: Published: Mar 23, 1977. Publicly Released: Mar 23, 1977.

Additional Materials:

Contact:

Office of Public Affairs
(202) 512-4800
youngc1@gao.gov

The Office of the Comptroller of the Currency (OCC) must make sure that its employees maintain the highest ethical standards when doing their work. An effective financial disclosure system can help provide such assurances. However, the Comptroller has not yet developed the disclosure system to that point.

The OCC financial disclosure system needs: (1) adequate criteria for identifying positions where incumbents should file disclosure statements; (2) effective procedures with adequate criteria for reviewing statements and identifying conflicts of interest; (3) adequate procedures for collecting statements; (4) additional financial information reported on the statements to help enforce statutory prohibitions; and (5) greater assurance that assistant national bank examiners, who are not required to file statements, do not hold interests that violate statutory and/or administrative prohibitions.

Sep 22, 2020

Sep 4, 2020

Jul 21, 2020

Jul 6, 2020

Apr 30, 2020

  • finance icon, source: Comstock

    Priority Open Recommendations:

    Department of the Treasury
    GAO-20-549PR: Published: Apr 23, 2020. Publicly Released: Apr 30, 2020.

Apr 27, 2020

Apr 21, 2020

Apr 20, 2020

Looking for more? Browse all our products here