The Results Act:
Observations on FDIC's Annual Performance Plan
GGD-98-190R: Published: Sep 15, 1998. Publicly Released: Sep 15, 1998.
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Pursuant to a congressional request, GAO reviewed the Federal Deposit Insurance Corporation's (FDIC) 1998 annual performance plan, which was submitted to meet the requirements of the Government Performance and Results Act.
GAO noted that: (1) FDIC has made a good initial effort in preparing its performance plan; (2) FDIC's annual performance plan contains the basic elements required by the Results Act; (3) however, the FDIC plan could be more useful to congressional decisionmakers if it had more performance goals that are results-oriented, objective, and quantifiable; and fewer that describe strategies; (4) the plan could also be improved if it linked more performance goals and measures to strategic goals, more clearly explained FDIC's plans for coordinating its efforts with other financial regulatory agencies, and better explained how FDIC's strategies and resources will help the agency achieve its performance goals; and (5) lastly, the plan would be more useful if it had more specific information on improving the verification and validation, and addressing the limitations, of its performance data.
Jul 19, 2018
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. -
Community Banks and Credit Unions:
Regulators Could Take Additional Steps to Address Compliance BurdensGAO-18-213: Published: Feb 13, 2018. Publicly Released: Feb 27, 2018.
Feb 26, 2018
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Bank Secrecy Act:
Derisking along the Southwest Border Highlights Need for Regulators to Enhance Retrospective ReviewsGAO-18-263: Published: Feb 26, 2018. Publicly Released: Feb 26, 2018.
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