US Fed urges bankers to disclose more

SUPERVISION - In an advisory letter on Mar 23, 2001, the Federal Reserve Board urged large banking organizations to adopt a high-level, private-sector working group's recommendations for broader and more frequent public disclosures as a way to improve market discipline.

The working group on public disclosure was set up in April 2000 by the Federal Reserve Board, with the support of the Office of the Comptroller of the Currency and the Securities and Exchange Commission, to investigate public

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