Federal Financial Institutions Examination Council Act of 1978

E239481

The Federal Financial Institutions Examination Council Act of 1978 is a U.S. federal law that created a formal interagency body to standardize and coordinate the supervision and examination of financial institutions.

All labels observed (2)

How this entity was disambiguated

Statements (25)

Predicate Object
instanceOf United States federal statute ⓘ
banking law ⓘ
aimsTo improve consistency of federal financial institution supervision ⓘ
reduce regulatory burden through uniform examination standards ⓘ
appliesTo federally insured depository institutions ⓘ
federally regulated financial institutions ⓘ
country United States ⓘ
creates Federal Financial Institutions Examination Council ⓘ
establishes interagency coordination mechanisms for bank examinations ⓘ
hasEffectOn Board of Governors of the Federal Reserve System ⓘ
Federal Deposit Insurance Corporation ⓘ
National Credit Union Administration ⓘ
Office of Thrift Supervision ⓘ
Office of the Comptroller of the Currency ⓘ
jurisdiction United States federal government ⓘ
legalArea bank regulation ⓘ
financial services regulation ⓘ
legislativeBody United States Congress ⓘ
purpose to coordinate federal supervision of financial institutions ⓘ
to establish a formal interagency body for the examination of financial institutions ⓘ
to promote uniform principles and standards for the examination of financial institutions ⓘ
regulatoryDomain banking supervision ⓘ
financial institution examination ⓘ
sector financial regulation ⓘ
shortName FFIEC Act of 1978 ⓘ

How these facts were elicited

Referenced by (2)

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

Federal Financial Institutions Examination Council → foundedByStatute → Federal Financial Institutions Examination Council Act of 1978 ⓘ
Federal Financial Institutions Examination Council Act of 1978 → shortName → FFIEC Act of 1978 ⓘ
linked to: Federal Financial Institutions Examination Council Act of 1978