Federal Financial Institutions Examination Council

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Definition: Federal Financial Institutions Examination Council

Federal Financial Institutions Examination Council

Quick Summary of Federal Financial Institutions Examination Council

A formal interagency council that meets periodically to discuss and ensure uniformity of report forms, standards, and principles throughout financial governmental institutions. It gains its authority to prescribe any necessary changes from the federal agencies involved, including the board of directors for the Federal Reserve and the Federal Deposit Insurance Corporation (FDIC).

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Synonyms For Federal Financial Institutions Examination Council

FFIEC

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Definition Sources

Definitions for Federal Financial Institutions Examination Council are sourced/syndicated and enhanced from:

  • A Dictionary of Economics (Oxford Quick Reference)
  • Oxford Dictionary Of Accounting
  • Oxford Dictionary Of Business & Management

This glossary post was last updated: 21st November, 2021 | 0 Views.