Resolution Trust Corporation:
Summary of GAO Products
GGD-93-128: Published: Jul 20, 1993. Publicly Released: Aug 27, 1993.
Additional Materials:
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Pursuant to a congressional request, GAO: (1) provided summaries of its products on the Resolution Trust Corporation (RTC) and related issues; (2) updated RTC actions to implement recommendations; and (3) discussed the applicability of federal regulations limiting the contracting out of inherently governmental functions.
GAO found that: (1) since RTC started its operations in August 1989, 98 products have been issued on RTC asset management and disposition, conservatorships and resolutions, contracting and contract management, financial management, funding and crosscutting issues, and information resources management; (2) of the 76 recommendations made to improve RTC operations, 48 are still open; (3) several issues need immediate attention to minimize the cost of the savings and loan cleanup; (4) RTC greatest challenges are to maximize the rate of return on its growing inventory of hard-to-sell assets and provide adequate contractor oversight; and (5) RTC is not subject to regulations limiting the contracting out of governmental functions.
Dec 10, 2018
Financial Company Bankruptcies:
Experts Had Mixed Views on Companies' Controls for Mitigating ObstaclesGAO-19-30: Published: Nov 8, 2018. Publicly Released: Dec 10, 2018.
Sep 5, 2018
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Community Banks:
Effect of Regulations on Small Business Lending and Institutions Appears Modest, but Lending Data Could Be ImprovedGAO-18-312: Published: Aug 6, 2018. Publicly Released: Sep 5, 2018.
Jul 19, 2018
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Export-Import Bank:
The Bank Needs to Continue to Improve Fraud Risk ManagementGAO-18-492: Published: Jul 19, 2018. Publicly Released: Jul 19, 2018.
Jul 18, 2018
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Securities Regulation:
SEC Inspections of Financial Industry Regulatory Authority's Governance Were Consistent with Internal GuidanceGAO-18-522: Published: Jul 18, 2018. Publicly Released: Jul 18, 2018.
Jun 26, 2018
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Bank Secrecy Act:
Further Actions Needed to Address Domestic and International Derisking ConcernsGAO-18-642T: Published: Jun 26, 2018. Publicly Released: Jun 26, 2018.
Mar 22, 2018
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Financial Technology:
Additional Steps by Regulators Could Better Protect Consumers and Aid Regulatory OversightGAO-18-254: Published: Mar 22, 2018. Publicly Released: Mar 22, 2018. -
Climate-Related Risks:
SEC Has Taken Steps to Clarify Disclosure RequirementsGAO-18-188: Published: Feb 20, 2018. Publicly Released: Mar 22, 2018.
Mar 16, 2018
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Community Reinvestment Act:
Options for Treasury to Consider to Encourage Services and Small-Dollar Loans When Reviewing FrameworkGAO-18-244: Published: Feb 14, 2018. Publicly Released: Mar 16, 2018.
Mar 15, 2018
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Commercial Real Estate Lending:
Banks Potentially Face Increased Risk; Regulators Generally Are Assessing Banks' Risk Management PracticesGAO-18-245: Published: Mar 15, 2018. Publicly Released: Mar 15, 2018.
Feb 27, 2018
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Analyzing Regulatory Burden:
Policies and Analyses under the Regulatory Flexibility Act and Retrospective Reviews Could Be ImprovedGAO-18-404T: Published: Feb 27, 2018. Publicly Released: Feb 27, 2018.
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