Bank Regulation & the Use of Prompt Corrective Action
Book Details
Format
Paperback / Softback
ISBN-10
1620811499
ISBN-13
9781620811498
Publisher
Nova Science Publishers Inc
Imprint
Nova Science Publishers Inc
Country of Manufacture
US
Country of Publication
GB
Publication Date
Aug 30th, 2012
Print length
87 Pages
Weight
172 grams
Dimensions
23.00 x 15.40 x 0.70 cms
Product Classification:
Banking
Ksh 14,200.00
Not available
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The Dodd-Frank Wall Street Reform and Consumer Protection Act requires the Financial Stability Oversight Council to submit a report to Congress regarding the implementation of prompt corrective action (PCA) by the Federal banking agencies. This book discusses the existing PCA framework and the findings and recommendations of the Government Accountability Office study. It also highlights lessons learned from the financial crisis and outlines actions taken that could affect PCA, as well as additional steps to modify the PCA framework that could be considered.
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