press releases · December 16, 2012

Press Release

December 17, 2012 Federal Reserve Board issues supervision and regulation letter summarizing changes made to its program for consolidated supervision of large financial institutions For immediate release Share The Federal Reserve Board on Monday issued a Supervision and Regulation letter summarizing changes made in recent years to its program for consolidated supervision of large financial institutions. The updated approach incorporates a stronger focus on the stability of the financial system and broader economy as a whole, while making improvements to the Federal Reserve's program to promote resiliency of individual firms.  The letter is intended to provide greater clarity about supervisory objectives and expectations so that institutions and the general public can better understand the Federal Reserve's focus in supervising these large firms. For media inquiries, call 202-452-2955. SR letter 12-17/CA 12-14
Cite this document
APA
Federal Reserve (2012, December 16). Press Release. Press Releases, Federal Reserve. https://whenthefedspeaks.com/doc/press_release_20121217_federal_reserve_board_issues_supervision_and
BibTeX
@misc{wtfs_press_release_20121217_federal_reserve_board_issues_supervision_and,
  author = {Federal Reserve},
  title = {Press Release},
  year = {2012},
  month = {Dec},
  howpublished = {Press Releases, Federal Reserve},
  url = {https://whenthefedspeaks.com/doc/press_release_20121217_federal_reserve_board_issues_supervision_and},
  note = {Retrieved via When the Fed Speaks corpus}
}