Federal Reserve System: Mandated Report on Potential Conflicts of Interest

[摘要] A letter report issued by the General Accounting Office with an abstract that begins "The Federal Reserve System plays multiple roles in the payments system by virtue of its status as central bank, banking industry regulator, and payments service provider. Where these roles overlap, conflict, or potentially complement one another inappropriately, the Federal Reserve is faced with the challenge of managing or separating them in such a way as to ensure that it is fulfilling each role without exerting undue influence or giving itself an advantage at the expense of the banking industry or its private sector competitors in providing payment services. GAO found no evidence to suggest that the Federal Reserve has not adequately separated its multiple roles."

[发布日期] 2000-11-13 [发布机构] United States. General Accounting Office.

[关键词] Government accountability -- United States.;financial markets and institutions;federal reserve system;letter report