Consolidated regulation and supervision in the United States /

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Bibliographic Details
Author / Creator:Bhatia, A. (Ashok Vir), author.
Imprint:[Washington, D.C.] : International Monetary Fund, ©2011.
Description:1 online resource (26 pages)
Language:English
Series:IMF working paper ; WP/11/23
IMF working paper ; WP/11/23.
Subject:
Format: E-Resource Book
URL for this record:http://pi.lib.uchicago.edu/1001/cat/bib/12499088
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Other authors / contributors:International Monetary Fund. Strategy, Policy, and Review Department, issuing body.
International Monetary Fund. Monetary and Capital Markets Department, issuing body.
ISBN:1283555220
9781283555227
9781455276066
1455276065
Notes:Includes bibliographical references.
Summary:This paper builds on a Technical Note produced as part of the IMFs 2010 Financial Sector Assessment Program (FSAP) review of the United States. It addresses enterprise-wide oversight of financial groups, a key tool to mitigate systemic risk. Focusing on legal arrangements, it recommends eliminating exceptions for holding companies owning certain limited-purpose banks, harmonizing arrangements for bank and thrift holding companies, and bringing into the net a few systemic nonbank financial groups, with the Federal Reserve as the sole consolidated regulator and supervisor.
Other form:Print version: Bhatia, Ashok Vir. Consolidated Regulation and Supervision in the United States. Washington : International Monetary Fund, ©2011 9781455211920