Financial Stability Oversight Council

Financial Stability Oversight Council PDF Author: United States Government Accountability Office
Publisher: Createspace Independent Publishing Platform
ISBN: 9781982009649
Category :
Languages : en
Pages : 76

Get Book Here

Book Description
FINANCIAL STABILITY OVERSIGHT COUNCIL: Further Actions Could Improve the Nonbank Designation Process

Financial Stability Oversight Council

Financial Stability Oversight Council PDF Author: United States Government Accountability Office
Publisher: Createspace Independent Publishing Platform
ISBN: 9781982009649
Category :
Languages : en
Pages : 76

Get Book Here

Book Description
FINANCIAL STABILITY OVERSIGHT COUNCIL: Further Actions Could Improve the Nonbank Designation Process

Financial Stability Oversight Council

Financial Stability Oversight Council PDF Author: Lawrance L. Evans, Jr.
Publisher:
ISBN: 9781457864872
Category :
Languages : en
Pages : 76

Get Book Here

Book Description
The Financial Stability Oversight Council (FSOC) has authority to designate systemically important nonbank financial companies for enhanced supervision by the Board of Governors of the Federal Reserve System. This report reviewed these designations because they may have significant implications for the companies as well as the stability of the financial system. It examines (1) how FSOC oversees and manages the nonbank financial company determination process; (2) the extent to which FSOC has followed a systematic process for designating nonbank financial companies; (3) how the analysis and criteria used in FSOC's determination process compare with methodologies proposed by international institutions; and (4) the progress that the Federal Reserve has made in defining a supervision framework for designated nonbank financial companies. Tables and figures. This is a print on demand report.

Financial Stability Oversight Council

Financial Stability Oversight Council PDF Author: U S Government Accountability Offi Gao
Publisher:
ISBN: 9781073732951
Category :
Languages : en
Pages : 78

Get Book Here

Book Description
FINANCIAL STABILITY OVERSIGHT COUNCIL: Further Actions Could Improve the Nonbank Designation Process

Financial Stability Oversight Council, Further Actions Could Improve the Nonbank Designation Process

Financial Stability Oversight Council, Further Actions Could Improve the Nonbank Designation Process PDF Author: U.s. Government Accountability Office
Publisher: Createspace Independent Publishing Platform
ISBN: 9781973956631
Category :
Languages : en
Pages : 76

Get Book Here

Book Description
" FSOC has authority to designate systemically important nonbank financial companies for enhanced supervision by the Board of Governors of the Federal Reserve System. GAO was asked to review these designations because they may have significant implications for the companies as well as the stability of the financial system. This report examines how FSOC has managed the designation process to date and the extent to which FSOC's process has been transparent and systematic, among other objectives. GAO analyzed FSOC documents, including the final rule and guidance on the designation process, bylaws, and nonpublic documentation supporting determination decisions. GAO also collected data about FSOC members' participation in determination evaluations and interviewed FSOC staff, FSOC members and their staffs, officials of evaluated companies, and external stakeholders, including industry groups. "

Financial Stability Oversight Council, Further Actions Could Improve the Nonbank Designation Process

Financial Stability Oversight Council, Further Actions Could Improve the Nonbank Designation Process PDF Author: United States. Government Accountability Office
Publisher:
ISBN:
Category : Economic stabilization
Languages : en
Pages : 70

Get Book Here

Book Description


Financial Stability Oversight Council Nonbank Designation

Financial Stability Oversight Council Nonbank Designation PDF Author: United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs
Publisher:
ISBN:
Category : Economic stabilization
Languages : en
Pages : 119

Get Book Here

Book Description


Oversight of the Financial Stability Oversight Council Designation Process

Oversight of the Financial Stability Oversight Council Designation Process PDF Author: United States. Congress
Publisher: Createspace Independent Publishing Platform
ISBN: 9781981228713
Category :
Languages : en
Pages : 48

Get Book Here

Book Description
Oversight of the Financial Stability Oversight Council designation process : hearing before the Subcommittee on Securities, Insurance, and Investment of the Committee on Banking, Housing, and Urban Affairs, United States Senate, One Hundred Fourteenth Congress, first session, on examining the Financial Stability Oversight Council designation process for nonbank financial companies that could

Oversight of the Financial Stability Oversight Council

Oversight of the Financial Stability Oversight Council PDF Author: United States. Congress
Publisher: Createspace Independent Publishing Platform
ISBN: 9781976178115
Category :
Languages : en
Pages : 180

Get Book Here

Book Description
Oversight of the Financial Stability Oversight Council : due process and transparency in non-bank SIFI designations : hearing before the Subcommittee on Oversight and Investigations of the Committee on Financial Services, U.S. House of Representatives, One Hundred Fourteenth Congress, first session, November 19, 2015.

Oversight of the Financial Stability Oversight Council Designation Process

Oversight of the Financial Stability Oversight Council Designation Process PDF Author: United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs. Subcommittee on Securities, Insurance, and Investment
Publisher:
ISBN:
Category : Economic stabilization
Languages : en
Pages : 44

Get Book Here

Book Description


Oversight of the Financial Stability Oversight Council

Oversight of the Financial Stability Oversight Council PDF Author: Robert C. Hockett
Publisher:
ISBN:
Category :
Languages : en
Pages : 26

Get Book Here

Book Description
This is testimony given by the author before the House Committee on Financial Services on 19 November 2015 in connection with MetLife v. Financial Stability Oversight Council (FSOC). The author argues that the FSOC's SIFI-designation process represents a textbook case of a familiar finance-regulatory strategy, long upheld by our courts, aimed at dutifully discharging necessary Congressional delegation on the one hand while comporting with separation of powers and due process values on the other hand. He also argues that FSOC represents a quintessentially American, pragmatic solution to the long-festering 'silo' problem in American financial regulation, and that its designations of systemically important financial institutions (SIFIs), decided as they are by all of the nation's principal financial regulators, are entitled to great deference on grounds of (a) well-settled doctrine under Chevron, (b) the highly technical character of the problem with which FSOC deals, and (c) the exceptionally high stakes of failure adequately to monitor large, complex financial institutions.