Government-Sponsored Enterprises: Using Private Risk Ratings for Exemptions From Federal Regulations
GGD-92-10
Published: Nov 06, 1991. Publicly Released: Nov 06, 1991.
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Highlights
GAO compared the risk ratings of government-sponsored enterprises (GSE) done by bank regulators and nationally recognized statistical rating organizations (NRSRO).
Recommendations
Matter for Congressional Consideration
| Matter | Status | Comments |
|---|---|---|
| If the experience from banks provides a reasonable basis for assessing how an enterprise safe-harbor would work, then Congress may wish to consider restricting any regulatory safe-harbor to triple-A rated enterprises. |
Closed – Implemented
|
P.L. 102-550 does not contain a safe-harbor provision. |
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Topics
Banking regulationComparative analysisFinancial institutionsFinancial management systemsGovernment guaranteed loansGovernment sponsored enterprisesLending institutionsMathematical analysisRegulatory agenciesGovernment-sponsored enterprises