Topic: Banking Regulations
Answers to Common Questions
Who Regulates Banks?
While most G10 countries have only one bank regulator, banks in the United States are regulated at the federal and state levels. At the federal level a bank's regulator could be the FDIC, the Federal Reserve Board, Office of the Comptroller... Read More »
Source: http://answers.ask.com/Society/Government_and_Law/who_regulates_b...
Who Regulates National Banks?
The term "national bank" can refer to banks that are state-owned, particularly in developing countries. It also can relate to private banks that operate on a nationwide basis. In the United States, the term usually refers to a privately own... Read More »
Source: http://www.ehow.com/facts_7598962_regulates-national-banks.html?r...
What regulates the banking industry?
"The Federal Deposit Insurance Corporation (FDIC) preserves and promotes public confidence in the U.S. financial system by insuring deposits in banks and thrift institutions for at least $250,000; by identifying, monitoring and addressing r... Read More »
Source: http://wiki.answers.com/Q/What_regulates_the_banking_industry
Answers to Other Common Questions
· To protect the safety of the publics savings · To control the supply of money and credit in order to achieve a nations broad economy goals (high employment and low inflation) · To ensure equal opportunity and fairness in the publics acces... Read More »
Source: http://wiki.answers.com/Q/Why_are_bank_highly_regulated
Each country has its central bank that regulates the working of the banks in its country. for Ex: Reserve bank of india regulates banking operations in India Read More »
Source: http://wiki.answers.com/Q/Who_is_the_primary_regulator_of_banks
because they want to, duh ! Read More »
Source: http://wiki.answers.com/Q/Why_do_goverments_regulate_banks
Despite the increasingly relaxed regulatory climate, U.S. state commercial banks are subject to a range of regulations at the state and federal level. In addition to the federal regulatory bodies that oversee national banks, each state. Read More »
Source: http://wiki.answers.com/Q/How_are_state_commercial_banks_regulate...
Because banks are the financial intermediaries of the economy. If banks operate in an unsupervised manner they might cause economic chaos and uncertainty in the country. That is why governments regulate the banks to ensure that customers ar... Read More »
Source: http://wiki.answers.com/Q/Why_do_government_regulate_bank
Because banks are the financial intermediaries of the economy. If banks operate in an unsupervised manner they might cause economic chaos and uncertainty in the country. That is why governments regulate the banks to ensure that customers ar... Read More »
Source: http://wiki.answers.com/Q/Why_does_government_regulate_banks
Federal Reserve System BANKING REGULATION ACT, 1949 PART 1 :- PRELIMINARY 1. Short title, extent and commencement (1) This Act may be called the Banking 2[Regulation] Act, 1949. 3[(2) It extends to the whole of India 4[* * *] (3) It shall c... Read More »
Source: http://wiki.answers.com/Q/What_is_banking_regulation_act_1949
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