Finance & markets · 27/01/1998

Differences in Capital and Accounting Standards Among Federal Banking and Thrift Agencies Report to Congressional Committees

The Federal Reserve Board (FRB) is required to submit an annual report to Congress detailing any discrepancies in capital and accounting standards between federal banking and thrift agencies and those used by other agencies, as mandated by the Federal Deposit Insurance Corporation Improvement Act of 1991 (12 U.S.C. 1831n(c)).