Menu Search Account

LegiStorm

Get LegiStorm App Visit Product Demo Website
» Get LegiStorm App
» Get LegiStorm Pro Free Demo

Bank Regulatory Structure: Canada

  Premium   Download PDF Now (57 pages)
Report Type Reports and Testimonies
Report Date Sept. 28, 1995
Report No. GGD-95-223
Subject
Summary:

Proposals to consolidate U.S. bank regulatory agencies have raised questions about how other countries structure and carry out their various bank regulation and supervision and central bank activities. As part of a congressional request that GAO examine such activities in several countries, this report provides information on Canada, which relies on a federal supervisor rather than the central bank. GAO describes (1) the Canadian bank federal regulatory and supervisory structure and its key participants; (2) how that structure operates, particularly with respect to bank authorization or chartering, regulation, and supervision; (3) how banks are examined; and (4) how participants handle other financial system responsibilities.

« Return to search Government Accountability Office reports