Search results
Results From The WOW.Com Content Network
The Community Reinvestment Act (CRA, P.L. 95-128, 91 Stat. 1147, title VIII of the Housing and Community Development Act of 1977, 12 U.S.C. § 2901 et seq.) is a United States federal law designed to encourage commercial banks and savings associations to help meet the needs of borrowers in all segments of their communities, including low- and moderate-income neighborhoods.
The service can place multiple millions in deposits per customer and make all of it qualify for FDIC insurance coverage. [3] [4] A customer can achieve a similar result, as far as FDIC insurance is concerned, by going to a traditional deposit broker or opening accounts directly at multiple banks (although depending on the amount this could require a lot more paperwork).
Central bankers have had to deal with large institution going bust, an example is Barings in 1995. A concern for financial regulators has been to ensure that depositors are protected from the failure of a retail bank, but the regulators' main concern with a investment bank is to ensure that there isn't a damaging loss of confidence in the banking system, and that all the trades, transactions ...
The Canada Revenue Agency (CRA; French: Agence du revenu du Canada; ARC) is the revenue service of the Canadian federal government, and most provincial and territorial governments. The CRA collects taxes, administers tax law and policy, and delivers benefit programs and tax credits. [4]
The BRICS Contingent Reserve Arrangement (CRA) is a framework for the provision of support through liquidity and precautionary instruments in response to actual or potential short-term balance of payments pressures. [1] It was established in 2015 by the BRICS countries: Brazil, Russia, India, China and South Africa.
Free premium casino-style slots and classic video poker by the creators of authentic PC & Mac casino slots from IGT, WMS Gaming, and Bally!
Get AOL Mail for FREE! Manage your email like never before with travel, photo & document views. Personalize your inbox with themes & tabs. You've Got Mail!
[119] [127] However, bank models of risk assessment have proven less reliable than credit rating agency models, even in the base of large banks with sophisticated risk management procedures. [ 128 ] Aside from investors mentioned above—who are subject to ratings-based constraints in buying securities—some investors simply prefer that a ...