The Federal Reserve has released a comprehensive bank regulation manual, enhancing regulatory transparency.
BlockBeats News, December 18th, According to Bloomberg, the Federal Reserve has released a staff manual for the regulation of large banks, as part of the agency's efforts to reshape the bank regulatory system and increase transparency.
Michelle Bowman, Vice Chair for Supervision at the Federal Reserve, said in a statement on Thursday: "By enhancing regulatory transparency, we are holding ourselves to a higher standard and ensuring that we fulfill our regulatory responsibilities in a sound and equitable manner."
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