Bank Insider Activities: Insider Problems and Violations Indicate Broader Management Deficiencies : Report to Congressional RequestersThe Office, 1994 - 140 páginas |
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Página 3
... policies set down by the bank's board of directors . The 3 federal bank regulators - the Federal Deposit Insurance Corporation ( FDIC ) , Office of the Comptroller of the Currency ( OCC ) , and the Federal Reserve System - are each ...
... policies set down by the bank's board of directors . The 3 federal bank regulators - the Federal Deposit Insurance Corporation ( FDIC ) , Office of the Comptroller of the Currency ( OCC ) , and the Federal Reserve System - are each ...
Página 8
... policies , and an increased emphasis on Regulation O recordkeeping requirements . ( See ch . 5. ) To improve the communication between examiners and bank directors and increase the likelihood that directors will initiate appropriate ...
... policies , and an increased emphasis on Regulation O recordkeeping requirements . ( See ch . 5. ) To improve the communication between examiners and bank directors and increase the likelihood that directors will initiate appropriate ...
Página 18
... policies of a company or bank . Control is presumed to exist if the insider ( 1 ) is an executive officer or director of the company or bank and owns or controls more than 10 percent of any class of voting securities , or ( 2 ) owns or ...
... policies of a company or bank . Control is presumed to exist if the insider ( 1 ) is an executive officer or director of the company or bank and owns or controls more than 10 percent of any class of voting securities , or ( 2 ) owns or ...
Página 22
... policies . These actions include formal written agreements between regulators and bankers ; • orders to cease and desist unsafe practices and / or violations ; · assessments of civil money penalties , of up to $ 1 million a day ...
... policies . These actions include formal written agreements between regulators and bankers ; • orders to cease and desist unsafe practices and / or violations ; · assessments of civil money penalties , of up to $ 1 million a day ...
Página 23
... policies and objectives ; • avoid self - serving practices ; ⚫ be informed of the bank's condition and management policies ; • maintain reasonable capitalization ; • observe banking laws , rulings , and regulations ; and ⚫ ensure that ...
... policies and objectives ; • avoid self - serving practices ; ⚫ be informed of the bank's condition and management policies ; • maintain reasonable capitalization ; • observe banking laws , rulings , and regulations ; and ⚫ ensure that ...
Términos y frases comunes
addition assets bank boards bank directors bank examination Bank Failures bank management banking agencies banking laws banks failed banks that failed Banks With Insider board of directors call report CAMEL rating capital and unimpaired Contributed to Bank corrective actions Credit Union Evident in Open examination findings examiners cited executive officers extension of credit extent of insider failed and open failed banks failed in 1990 FDIC investigators Federal bank regulator federal examiners federal regulators Federal Reserve Act Federal Reserve System Identify Insider Problems insider abuse insider activities insider fraud insider lending insider loans Insider Problems Frequently insider transactions laws and regulations loan losses loans to insiders management and board management problems member bank odds ratios open banks overdraft percent policies post-failure enforcement actions preferential terms principal shareholders Problems Frequently Contributed Regulation O violations related interests safety and soundness small banks Supervision unimpaired surplus
Pasajes populares
Página 97 - ... the acquisition by a bank of any check deposited In or delivered to the bank in the usual course of business unless it results in the carrying of a cash item for...
Página 97 - ... organization or (ii) foreclosure on collateral or similar proceeding for the protection of the bank: Provided, That such indebtedness is not held for a period of more than three years from the date of the acquisition, subject to extension by the appropriate Federal banking agency for good cause...
Página 97 - ... or to any such indebtedness to his own bank that involves prior individual clearance or approval by the bank other than for the purpose of determining whether his participation in the arrangement is authorized or whether any dollar limit under the arrangement has been or would be exceeded.
Página 1 - Chairman of the Board of Governors of the Federal Reserve System; the Comptroller of the Currency; and the...
Página 98 - Any Federal reserve bank may make advances for periods not exceeding fifteen days to its member banks on their promissory notes secured by the deposit or pledge of bonds, notes, certificates of indebtedness, or Treasury bills of the United States...
Página 95 - ... otherwise than in the capacity of a director, in major policy-making functions of the bank...
Página 95 - The officer has an official title, (2) the title designates the officer an assistant, or (3) the officer is serving without salary or other compensation.1 The chairman of the board, the president, every vice president, the cashier, the secretary, and the treasurer of a company or bank are considered...
Página 118 - Comments From the Office of the Comptroller of the Currency Note: GAO comments supplementing those in the report text appear at the end of this appendix.
Página 99 - ... of these persons and (b) specify the amount and terms of each extension of credit by the member bank to these persons and to their related interests. Each member bank shall request at least annually that each executive officer, director, or principal shareholder of the member bank identify the related interests of that person.
Página 97 - ... unless the extension of credit: (1) Is made on substantially the same terms, including interest rates and collateral, as those prevailing at the time for comparable transactions by the bank with other persons that are not covered by this part and who are not employed by the bank, and (2...