Abstract
The Federal Deposit Insurance Corporation is one of three federal agencies with responsibilities over commercial banks-and the last to be established. It was created in I933 to help restore public confidence in banks through the provision of insurance coverage for bank deposits and to protect the money supply in banks covered by deposit insurance.' Over the years, the Corporation's regulatory activities and philosophy have developed within its legal framework and in response to changes in banking and in the economy as a whole. In this article, I shall focus on the Corporation's role in bank supervision and on the contributions it has made and can make to the strength and viability of our banking system.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
