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ID:51968447
大小:2.08 MB
页数:39页
时间:2020-03-26
《商业银行管理全套配套课件英文PPT教师手册习题习题答案 Chap002.ppt》由会员上传分享,免费在线阅读,更多相关内容在教育资源-天天文库。
1、ChapterTwoTheImpactofGovernmentPolicyandRegulationontheFinancial-ServicesIndustryKeyTopicsThePrincipalReasonsforBankingandFinancial-ServicesRegulationMajorFinancial-ServicesRegulatorsandLawsTheRiegle-NealandGramm-Leach-Bliley(GLB)ActsTheCheck21,FACT,Patriot,Sar
2、banes-Oxley,BankruptcyAbuse,FederalDepositInsuranceReform,andFinancial-ServicesRegulatoryReliefActsEmergencyEconomicStabilizationActandtheGlobalCreditCrisisKeyTopics(continued)FINREGispassedintolawtoavoidseveredisruptioninthefinancialsystemanddealwithsystemicri
3、ckSomeKeyRegulatoryIssuesLeftUnresolvedTheCentralBankingSystemOrganizationandStructureoftheFederalReserveSystemandLeadingCentralBanksofEuropeandAsiaFinancial-ServicesIndustryImpactofCentralBankPolicyToolsIntroductionThischapterisdevotedtoastudyofthecomplexregul
4、atoryenvironmentthatgovernmentsaroundtheworldhavecreatedforfinancial-servicefirmsinaneffortto:Safeguardthepublic’ssavingsBringstabilitytothefinancialsystemPreventabuseoffinancial-servicecustomersFinancialinstitutionsmustcontendwithsomeoftheheaviestandmostcompre
5、hensiverulesappliedtoanyindustryRegulationisanuglywordtomanypeopleBurdensomeCostlyDamagingtoinnovationandefficiencyBankingRegulationWhyarebankscloselyregulated?Banksareamongtheleadingrepositoriesofthepublic’ssavingsBanksarecloselywatchedbecauseoftheirpowertocre
6、atemoneyintheformofreadilyspendabledepositsbymakingloansandinvestmentsBankshavealonghistoryofinvolvementwithfederal,state,andlocalgovernmentsIntheUnitedStates,banksareregulatedthroughadualbankingsystemBothfederalandstateauthoritieshavesignificantregulatorypower
7、sTABLE2–1Banking’sPrincipalRegulatoryAgenciesandTheirResponsibilitiesBankingRegulation(continued)OneoftheearliesttheoriesaboutregulationcontendsthatfirmsinregulatedindustriesactuallyseekoutregulationItbringsbenefitsintheformofmonopolisticrentsbecauseregulations
8、oftenblockentryintotheregulatedindustryAmorerecenttheoryarguesthatregulationscanincreasecustomerconfidence,whichmaycreategreatercustomerloyaltytowardregulatedfirmsThereisano
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