Talk:Banking regulation and supervision

Not a worldwide view

We need an article on this subject, so it would be a shame to move it to Bank regulation in the United States which would match the current content. --Mereda 17:18, 27 May 2006 (UTC)

Yeah, this article does not represent a world-wide view, but the structure of the article does allow for other countries to be added. The structure also shows that the current content pertains only to US banks. --blackstripe

It's ok for now as a placeholder, but yes, this needs to eventually move to Bank regulation in the United States. The broader article really needs to start with Basel II (especially pillar 2) and build out based on the components (without a full explanation of each component -- this is not the article to explain trading risk measurement) of regulation described therein that accord. Unfortunately that Basel II article is pretty weak at the moment, so we would have to start with external website material. Deet 02:05, 29 August 2006 (UTC)

Made some small clarifications and expansions on the regulatory bodies. Added Regulation A and some description to Reg's O and Q. Hamban 23:13 PDT, May 11, 2007

Reorganized the introduction and broke out the section on regulatory agencies. Clarified that the article deals with federal, not state, law (although we could add some state laws later). Added a couple more of the FRB regulations. Hamban 20:45 PDT, May 12, 2007

Hamban, I don't believe the FDIC is ever a primary regulator (yes it has rules, "regulations" if you will, but it is ultimately a service provider to the banks not a primary regulator), and you have lost the fact that states can be primary regulators. I understand it was correct before you edited: a bank's primary regulator could be the Federal Reserve Board, the Office of the Comptroller of the Currency, the Office of Thrift Supervision, or any one of 50 state regulatory bodies, depending on the charter of the bank Also, I would not mix in credit unions into this article. They are typically handled separately for all regulatory purposes in all countries and deserve a separate article (I would say it's ok to mention for completeness, but in a somewhat dismissive way as it applies to this article). Deet 01:57, 3 June 2007 (UTC)

Deet, per the FDIC's website, "The FDIC is the primary federal regulator of banks that are chartered by the states that do not join the Federal Reserve System." This would cover state banks that are not FRB members (i.e., "state nonmember banks"). [[1]] In my edits, I was refering to "federal" banking regulators, but I will attempt to expand and clarify that state-chartere banks (FRB members and non-members) are both also subject to the supervision of state banking authorities. The FDB and the FDIC conduct join examinations of state-chartered banks (or sometimes they trade-off, with the federal agencies doing examinations one year, and the states handling the other years). Hamban 12:18 PDT, June 16, 2007

Deet, I'll try and distinguish the credit unions a bit. I'll admit that my familiarity with CUs is based mostly on the US structure. CUs in the US are not banks for purposes of the FDI Act, Federal Reserve Act and Bank Holding Company Act, but are banks for purposes of Reg CC (and Reg E too I think). In addition, the NCUA is part of the US Federal Financial Institutions Examination Council (FFIEC) and coordinates its regulatory and supervisory actions with the federal banking agencies. [[2]] I think that part of the underlying problem here is that the article is almost entirely US focused. I'll try and restructure a bit.Hamban 12:19 PDT, June 16, 2007