Bankowość · 25/03/2005

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

The Office of the Comptroller of the Currency (OCC), Federal Reserve Board, Federal Deposit Insurance Corporation (FDIC), and Office of Thrift Supervision (OTS) have released a joint report to the US Congress, detailing discrepancies in capital and accounting standards used by these agencies, as mandated by the Federal Deposit Insurance Act.