FIRREA

E1014665

FIRREA is a 1989 U.S. federal law enacted in response to the savings and loan crisis, overhauling financial institution regulation and strengthening enforcement and oversight powers.

All labels observed (2)

Label Occurrences
FIRREA canonical 2
FIRREA Title XI 1

How this entity was disambiguated

Statements (48)

Predicate Object
instanceOf United States federal statute ⓘ
banking regulation law ⓘ
abolishedAgency Federal Home Loan Bank Board ⓘ
Federal Savings and Loan Insurance Corporation ⓘ
affects Federal Home Loan Banks ⓘ
bank holding companies ⓘ
savings associations ⓘ
aimedAtSector depository institutions ⓘ
savings and loan associations ⓘ
thrifts ⓘ
authorizes administrative subpoenas in investigations of financial institution fraud ⓘ
civil money penalties for violations involving financial institutions ⓘ
codifiedIn Title 12 of the United States Code ⓘ
Title 18 of the United States Code ⓘ
containsProvisionOn appraisal standards for real estate related financial transactions ⓘ
audits and internal controls of insured institutions ⓘ
criminal and civil liability for financial institution fraud ⓘ
country United States ⓘ
createdAgency Office of Thrift Supervision ⓘ
enactedIn 1989 ⓘ
establishedEntity Resolution Trust Corporation ⓘ
focusesOn capital requirements for thrifts ⓘ
safety and soundness of insured depository institutions ⓘ
supervisory standards for financial institutions ⓘ
fullName Financial Institutions Reform, Recovery, and Enforcement Act of 1989 ⓘ
grantsPowerTo Department of Justice ⓘ
Federal Deposit Insurance Corporation ⓘ
Federal Reserve Board ⓘ
Office of the Comptroller of the Currency ⓘ
hasLongTitleKeyword Enforcement ⓘ
Recovery ⓘ
Reform ⓘ
jurisdiction federal government of the United States ⓘ
mainPurpose enhance oversight of depository institutions ⓘ
protect depositors and the federal deposit insurance funds ⓘ
reform regulation of savings and loan associations ⓘ
strengthen enforcement powers against financial institutions ⓘ
policyArea banking law ⓘ
financial institution supervision ⓘ
financial regulation ⓘ
publicLawNumber Public Law 101-73 ⓘ
responseTo savings and loan crisis ⓘ
signedBy George H. W. Bush ⓘ
strengthens administrative enforcement remedies for banking regulators ⓘ
civil enforcement authority against financial fraud ⓘ
transferredFunctionTo Department of the Treasury ⓘ
Federal Deposit Insurance Corporation ⓘ
yearOfSavingsAndLoanCrisisContext 1980s ⓘ

How these facts were elicited

Referenced by (3)

Full triples — surface form annotated when it differs from this entity's canonical label.