Bankowość · 09/08/2010

Joint Report: Differences in Accounting and Capital Standards Among Federal Banking Agencies

The Office of the Comptroller of the Currency (OCC), the Federal Reserve Board (FRB), the Federal Deposit Insurance Corporation (FDIC), and the Office of Thrift Supervision (OTS) have submitted a joint report to the US Congress, detailing the differences in capital and accounting standards used by these federal banking agencies, as mandated by the Federal Deposit Insurance Act of section 37(c). The report will be published in the Federal Register.