Bankowość · 23/09/2014

Joint Report: Differences in Accounting and Capital Standards Among the Federal Banking Agencies as of December 31, 2013; Report to Congressional Committees

The Office of the Comptroller of the Currency (OCC), the Federal Reserve Board, and the Federal Deposit Insurance Corporation (FDIC) have submitted a joint report to the U.S. House of Representatives' Committee on Financial Services and the U.S. Senate's Committee on Banking, Housing, and Urban Affairs, detailing the differences in accounting and capital standards used by the three agencies as of December 31, 2013, in accordance with the Federal Deposit Insurance Act's section 37(c).