In the US banking history, that separated the operations of commercial banks and those of investment bank is repealed by a. Sabox b. the Glass Steagll Act  c. Dodd-Frank Act  d. the Gramm-Leach-Bliley Act  e. Consumer Financial Protection Bureau         c       a       b       e       d

Q: Which would provide a bank holding company with guidance on the types of nonbanking activities it…

A: Bank Holding Companies are governed by Bank Holding Company Act (BHC Act) of 1956, which gives…

Q: What are is the main regulatory agency that regulates the banking industry in the Philippines? Give…

A: Bangko Sentral ng Pilipinas (BSP). The BSP, through its Monetary Board, is primarily responsible…

Q: Read each statement carefully and determine whether the statement is true or false. 1. When…

A: Hi, Thanks for the Question. Since you asked multiple question, we will answer the first question…

Q: Which of the following is an accurate description of a dual banking system? Government…

A: a) A dual banking structure is the managing banking that works within the Joined together States,…

Q: Explain the four different programs of bank regulation the U.S. uses to maintain normal operation of…

A: United States banking regulations are highly fragmented. Most developed countries have only one bank…

Q: Which is not true about the Banko Sentral ng Pilipinas and the Philippine banking industry?   Banko…

A: Bangko Sentral ng Pilipinas of the Philippines is responsible for the monetary policies, monetary…

Q: Which of the following is NOT the main function of Bank Negara Malaysia (BNM)?   Select one: It…

A: The Bank Negara Malaysia is central Bank of Malaysia and it is acting as a banker to Malaysian…

Q: What is a function of a central bank? A collecting taxes B issuing currency C providing bank…

A: Central banks are important in the economic development of nations and maintaining liquidity and…

Q: Regulation of Deposit Insurance rue or False: Prior to 1991, all U.S. banks pald the same rate on…

A: Given,

Q: Which is not true about bank classification in the Philippines?   The Bangko Sentral ng Pilipinas…

A: In the given case the Banks in philippines include majority of universal and commercial banks ... It…

Q: The ANZ Bank is an example of a:

A: A bank is an institution that provides different banking services and facilities like accepting…

Q: What caused the banking crisis? Explain b. Why was the Insurance Guarantee Agency established…

A: A banking crisis is a situation when the banks are at the point of solvency and liquidation. It may…

Q: explain policy regulation that are imposed by office of the superident of financial institutions in…

A: Financial regulation is a type of regulation or supervision that imposes obligations, limits, and…

Q: What are the financial institutions that regulate the way of doing business in the United States?

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: In corporate liquidation of a closed bank, which of the following unsecured credits is classified as…

A: Liquidation refers to the winding up of business entity by realizing all the assets and pay off the…

Q: 1- The purpose of deregulation is to ensure stability and prevent banking crises. True or False. 2-…

A: 1) True Deregulation support the idea that competition and openness in financial markets are…

Q: WHICH IS AN EXAMPLE OF A BANKING REGULATION?  AT THE FEDERAL LEVEL, HOW MANY BANKING REGULATIONS ARE…

A: As you have asked multiple questions, we will solve the first question which has been asked as per…

Q: In the US history, that separated the operations of commercial banks and those of investment bank is…

A: Sarbox Act was passed to protect investors from fraudulent financial reporting Dodd-Frank Bill Act…

Q: Requiring a foreign banks to operate under the same rules as domestic banks is termed?

A: The question is based on regulation of banking operation, under the provision of International…

Q: Foreign banks are authorized to perform banking operations only if they convert as domestic banks.…

A: A foreign bank is a type of international bank that has branches in India but is headquartered in…

Q: Identify which one of the following is a meaning of the term Bankrupt: a. A person or company is…

A: Bankruptcy involves legal proceedings of a business when the business is unable to service its debt.

Q: Which of the following statements is true regarding STRIPS? O a) They are issued by the Treasury. O…

A: Strips: (Separate Trading of Registered interest and Principal of Securities) are debt securities…

Q: Which one of the following statements is false? a. Consumer loans are loans banks advance to…

A: Solution:- Loans means the advances made by the bank to the customers, while deposits means the…

Q: Virtual banks are subject to the same set of supervisory requirements applicable to conventional…

A: Virtual banking is the act of gaining online access to banking organizations and their services…

Q: Commercial papers are typically issued by ___.   A.  Commercial banks   B.  Large well-known…

A: Commercial Paper is a short-term instrument used to raise money.

Q: In corporate liquidation of a closed bank, which of the following unsecured credits is classified as…

A: Liquidation refers to the winding up of business entity by realizing all the assets and pay off the…

Q: 9. What type(s) of corrective action might bank regulators take against a 'problem bank'? A. Examine…

A: A problem bank is referred to as a bank that is in potential danger of failure.

Q: Define the Prudential regulation of corporate/commercial Banking for CDD and anti-money laundering…

A: There are a lot of illegal activities going on within financial sector. These activities are…

Q: Identify the reasons for U.S. banks to operate in foreign countries and for foreign banks to operate…

A: Bank: A bank is a financial institution which performs the basic function of accepting deposits and…

Q: Column A 1. Reconciliation Column B A. Document owned and used by banks B. Mode of preparation for…

A:

Q: Deposits made by a company but not yet reflected in a bank statement are called: a.Credit…

A: Bank reconciliation statement: Bank reconciliation statement is to be prepared by the customer of…

Q: Which of the following is a negotiable written promise (by a bank) for a U.S. dollar deposit at a…

A: International sources of funding are used by companies to raise money outside countries.

Q: The "Finance Act": a. suspends the convertibility of Dominion bills into gold b. allows the…

A: Correct answer is option (a) suspends the convertibility of dominion bills into gold.

Q: This refers to a type of financial institution particularly commercial bank that is state-owned by…

A: 1) Public Sector Banks are commercial banks that are owned by the corresponding government I,e…

Q: 1. A bank reconciliation is    a. A formal financial statement that lists all of the bank account…

A: Bank reconciliation is a reconciliation statement prepared to reconcile the bank balances with…

Q: he amount of loans that a bank can create is limited by elect one: O a. laws enacted by Parliament.…

A: The amount of loans that a bank can creates limited by - (b) the monetary base, bank's desired…

Q: Which is not true about the Banko Sentral ng Pilipinas and the Philippine banking industry? a. Banks…

A: A financial institution (FI) is a company that deals with financial and monetary transactions such…

Q: Newcastle Building Society 1, is an autthorised deposit taking institution engaged in commercial…

A: The Newcastle Building Society is a building society in Newcastle, United Kingdom. It is a member of…

Q: Compare and contrast the banking procedure used during the colonial time and the modern era.

A: NIn the comparison, modern banking has come out variety of services which fulfill the unsatisfactory…

Q: Why don’t the additions and deductions from the bank balance on a bank reconciliation require…

A: Since you have asked multiple question, we will solve the first question for you. If youwant any…

Q: The author uses the term "bank" to describe several different types of financial institutions.…

A: Following are different types of financial institutions to describe the term "bank".   Savings…

Q: What is the function of Deposit Insurance Corporation?   Select one: It does not give guarantee…

A: Deposit insurance corporation is for safety of deposits and for the safety of banks and financial…

Q: outline and critically discuss five (5) common justification or rationale of bank regulations

A: Introduction: Banking regulation can be defined as a regulation in which a banks are subject to…

Regulation of Commercial Banks

The main function of any commercial bank is accepting deposits and lending money to borrowers. Apart from these two activities, commercial banks provide a host of other services to their customers, like discounting bills of exchange, acting as a custodian of a customer's will, and so on. In the absence of a proper regulatory framework or proper regulations in place, the commercial banks would have ended up charging exorbitant or varied rates of interest or service charges on the funds loaned by them or the services performed by them.