Financial Institutions Reform, Recovery, and Enforcement Act
GPTKB entity
Statements (49)
| Predicate | Object |
|---|---|
| gptkbp:instance_of |
gptkb:United_States_federal_law
|
| gptkbp:addressed |
insolvency of savings and loan institutions
issues of fraud in the thrift industry regulatory failures in the thrift industry |
| gptkbp:allows |
federal government to intervene in failing thrifts
|
| gptkbp:amended_by |
gptkb:Federal_Deposit_Insurance_Corporation_Improvement_Act
gptkb:Federal_Home_Loan_Bank_Act |
| gptkbp:created |
gptkb:Federal_Housing_Finance_Board
|
| gptkbp:date_enacted |
gptkb:1989
|
| gptkbp:enacted_by |
gptkb:United_States_Congress
|
| gptkbp:established |
gptkb:Thrift_Depositor_Protection_Oversight_Board
gptkb:Office_of_Thrift_Supervision gptkb:Resolution_Trust_Corporation new regulatory agencies for thrifts new standards for thrift management |
| https://www.w3.org/2000/01/rdf-schema#label |
Financial Institutions Reform, Recovery, and Enforcement Act
|
| gptkbp:impact |
Strengthened regulation of savings and loan associations
|
| gptkbp:increased |
capital requirements for thrifts
government oversight of thrift institutions transparency in thrift operations |
| gptkbp:influenced |
subsequent financial legislation
banking industry practices subsequent banking regulations future banking regulations in the U. S. public policy on financial institutions |
| gptkbp:influenced_by |
gptkb:Financial_Institutions_Reform_Act_of_1989
|
| gptkbp:involved |
federal insurance for thrift deposits
|
| gptkbp:is_aimed_at |
restore public confidence in the banking system
|
| gptkbp:is_facilitated_by |
mergers of failing thrifts with healthier institutions
|
| gptkbp:is_implemented_in |
gptkb:Office_of_Thrift_Supervision
|
| gptkbp:led_to |
increased scrutiny of financial institutions
increased consumer protection measures creation of new regulatory frameworks improved financial stability in the thrift sector |
| gptkbp:provided |
federal assistance for failed thrifts
funding for the Resolution Trust Corporation mechanisms for the resolution of failed thrifts tools for regulators to manage failing institutions |
| gptkbp:purpose |
To address the savings and loan crisis
|
| gptkbp:related_to |
savings and loan crisis
|
| gptkbp:repealed_by |
gptkb:Dodd-Frank_Wall_Street_Reform_and_Consumer_Protection_Act
|
| gptkbp:requires |
thrift institutions to maintain adequate capital levels
audits of savings and loan associations disclosure of financial information by thrifts |
| gptkbp:resulted_in |
closure of numerous savings and loan associations
greater accountability for thrift executives |
| gptkbp:signed_by |
gptkb:George_H._W._Bush
|
| gptkbp:bfsParent |
gptkb:Community_Reinvestment_Act
|
| gptkbp:bfsLayer |
4
|