Bank regulation

(redirected from Bank Supervision)

Bank regulation

The formulation and issuance by authorized agencies of specific rules or regulations, under governing law, for the conduct and structure of banking.

Bank Regulation

The laws and bureaucratic rules governing banking. Banks have regulations at the federal, state, and sometimes local levels. Examples of bank regulations include capital requirements and limits on interest rates. Member banks of the Federal Reserve are subject to further regulations, such as the requirement to buy stock in the Federal Reserve System. Proponents of bank regulations state that they help maintain consumer confidence in banking, which in turn helps keep the economy running smoothly. Critics maintain that most bank regulations create market distortions and hamper economic growth. Perhaps predictably, these two groups disagree on whether too little or too much bank regulation caused the credit crunch of the mid and late 2000s and the subsequent recession.
References in periodicals archive ?
Information Management and Data Processing under the Department of Safety Monitoring System of Credit Institutions (Department IV) - Banking Inspection and Supervision Agency, holding the position of Deputy Director of System Security Supervision Department credit institutions (Department IV) - Bank Supervision and Inspection Agency, SBV from September 1, 2019.
Release date- 01082019 - As part of an ongoing effort to ensure efficient operations, the OCC yesterday announced it would consolidate bank supervision support, risk analysis and oversight of trust banks and significant service providers, creating two new supervisory units.
US federal institution the Office of the Comptroller of the Currency (OCC) has announced that it has named a senior deputy comptroller for Bank Supervision Policy.
Ivan Iskrov, Governor of the Bulgarian National Bank (BNB) has submitted to Parliament a proposal for the appointment of Dimitar Kostov as head of the Bank Supervision unit of BNB.
Part 2 examines policy challenges in the areas of structural reforms, fiscal policy, and monetary policy and bank supervision. The study makes recommendations on areas such as boosting medium and long-term growth prospects, reduction of debt levels, dollarization as an alternative framework for monetary policy, and evaluation of compliance with international best practices in bank supervision.
The resolution welcomes the fact that EU countries have now accepted that an integrated bank supervision system is necessary, more than two years after the European Parliament itself called for this.
The finance ministers of France and Spain have called for common euro zone bank supervision to be put in place by the end of the year, as fears grow over soaring borrowing costs in Spain that are pushing the country towards needing a bailout.
The causes of the direct bank supervision in the Finance Credit Bank were not resolved yet.
During his 34 years of service with the Reserve Bank, he has spent over two decades in supervision and regulation where he has been General Manager, Registrar of Banks and Head of Bank Supervision for the last eight years.
Before joining CiBank, Andronov worked at the Bulgarian National Bank, where he was last the director of the bank supervision department.
Within the framework of this program, which should help the countries of Southeast Europe weather the crisis more easily, is also 2.6 million euros in technical assistance from the European Central Bank intended for the central banks in the region for stepping up bank supervision.
In a report to Congress released mid-January, the Federal Reserve Board of Governors provided perspectives on why the Federal Reserve should continue to have a central role in bank supervision and regulation.