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Bank Regulation & the Use of Prompt Corrective Action

By: (Edited by) David Garcia , (Edited by) Mark J Hall

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Ksh 14,200.00

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 (height x width x thickness): 23.00 x 15.40 x 0.70 cms

Product Classification: Banking

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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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