{
  "title": "United States: Publication of Financial Sector Assessment Program Documentation: Technical Note on Consolidated Regulation and Supervision",
  "publication": "IMF Staff Country Reports, July 30, 2010",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/united-states-publication-of-financial-sector-assessment-program-documentation-technical-24109",
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  "summary": "This note reviews outgoing U.S. consolidated regulatory and supervisory arrangements and explores options to strengthen them. Although U.S. consolidated regulation and supervision span from the smallest financial groups to the largest and most complex, much effort is focused on the latter.",
  "publishDate": "2010-07-30",
  "series": "IMF Staff Country Reports",
  "sections": [
    {
      "heading": "Summary Findings",
      "content": "- The note reviews outgoing U.S. consolidated regulatory and supervisory arrangements and explores options to strengthen them.\n- Consolidated regulation and supervision in the United States span from the smallest financial groups to the largest and most complex, with much effort focused on the latter.\n- The note addresses the basic statutory arrangements for consolidated regulation and supervision, as distinct from the actual exercise.\n- It is stressed that, of all the U.S. regulatory bodies, it is the Federal Reserve that is best placed to bear the consolidated supervisory mandate."
    },
    {
      "heading": "Scope and Subjects Covered",
      "content": "- Subject: Banking, Commercial banks, Consolidated banking supervision, Financial institutions, Financial regulation and supervision, Financial sector policy and analysis, Nonbank financial institutions, Systemic risk\n- Keywords: Commercial banks, company, Consolidated banking supervision, CR, Europe, Fed oversight, Fed umbrella supervision, Global, group structure, holding company, holding company level, investment bank, ISCR, net capital, Nonbank financial institutions, nonfinancial group, Systemic risk"
    },
    {
      "heading": "Key Recommendation",
      "content": "- Central conclusion: the Federal Reserve is best placed among U.S. regulatory bodies to bear the consolidated supervisory mandate.\n\n---\n\n Content in this bundle\n\n- cr10251\n  - cr10251 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr10251 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/cr/issues/2016/12/31/united-states-publication-of-financial-sector-assessment-program-documentation-technical-24109"
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    "Published: July 30, 2010",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781455206780.002",
    "The note reviews outgoing U.S. consolidated regulatory and supervisory arrangements and explores options to strengthen them.",
    "Consolidated regulation and supervision in the United States span from the smallest financial groups to the largest and most complex, with much effort focused on the latter.",
    "The note addresses the basic statutory arrangements for consolidated regulation and supervision, as distinct from the actual exercise.",
    "It is stressed that, of all the U.S. regulatory bodies, it is the Federal Reserve that is best placed to bear the consolidated supervisory mandate.",
    "Subject: Banking, Commercial banks, Consolidated banking supervision, Financial institutions, Financial regulation and supervision, Financial sector policy and analysis, Nonbank financial institutions, Systemic risk",
    "Keywords: Commercial banks, company, Consolidated banking supervision, CR, Europe, Fed oversight, Fed umbrella supervision, Global, group structure, holding company, holding company level, investment bank, ISCR, net capital, Nonbank financial institutions, nonfinancial group, Systemic risk",
    "Central conclusion: the Federal Reserve is best placed among U.S. regulatory bodies to bear the consolidated supervisory mandate.",
    "**_cr10251**"
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