Bank and Thrift Regulation: Implementation of FDICIA's Prompt Regulatory Action Provisions
GGD-97-18
Published: Nov 21, 1996. Publicly Released: Nov 21, 1996.
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Highlights
GAO reviewed the Federal Reserve System's (FRS) and the Office of the Comptroller of the Currency's (OCC) efforts to implement the Federal Deposit Insurance Corporation Improvement Act of 1991 (FDICIA) prompt regulatory action provisions and the impact of those provisions on federal oversight of depository institutions.
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Bank examinationBank failuresBank managementBanking regulationCapitalInsured commercial banksInternal controlsLaw enforcementLossesRegulatory agencies