Bankowość · 26/01/2018

Joint Report Highlights Differences in Accounting and Capital Standards Among US Banking Agencies

The Office of the Comptroller of the Currency (OCC), the Federal Reserve Board, and the Federal Deposit Insurance Corporation (FDIC) have released a joint report detailing the differences in accounting and capital standards used by the three agencies as of September 30, 2017, in compliance with section 37(c) of the Federal Deposit Insurance Act.