Federal Financial Institutions Examination Council Act of 1978

E239481

United States federal statute banking law

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.

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All labels observed (2)

Label	Occurrences
FFIEC Act of 1978	1
Federal Financial Institutions Examination Council Act of 1978 canonical	1

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 of America ⓘ surface form: United States
creates	Federal Financial Institutions Examination Council ⓘ
establishes	interagency coordination mechanisms for bank examinations ⓘ
hasEffectOn	Federal Reserve Board of Governors ⓘ surface form: 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 government ⓘ surface form: 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	Federal Financial Institutions Examination Council Act of 1978 self-linksurface differs ⓘ surface form: FFIEC Act of 1978

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 → Federal Financial Institutions Examination Council Act of 1978 self-linksurface differs ⓘ

this entity surface form: FFIEC Act of 1978