About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline

GGD-81-79 1 (1981-08-18)

handle is hein.gao/gaobabcht0001 and id is 1 raw text is: A


BY THE COMPTROLLER GENERAL



Report To The Congress

OF THE UNITED STATES


Federal Reserve Could Improve

The Efficiency Of Bank Holding

Company Inspections



The activities of bank holding companies can
affect the soundness of their subsidiary banks.
This is especially true when a bank holding
company controls nonbanking subsidiaries
that extend credit. Although the Federal
Reserve has made progress in supervising
bank holding companies, additional improve-
ments could be made.

This report recommends that the Federal
Reserve

   -implement a more flexible policy to vary
   !inspection frequency on the basis of
   !perceived risk,

   -,improve the information available for
   computerized surveillance and provide
   more effective program  control over
   !district level activities, and
   -'request Federal bank regulators to obtain
   information on many companies as part
   of subsidiary bank examinations.


II111I1   B 11 1 1
116167


-    GGD-81-79
AUGUST 18, 1981


)  /    I/,I<6


,14b7

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Contact us for annual subscription options:

Already a HeinOnline Subscriber?

profiles profiles most