Within the 1999, the new GLB Work amended the lending company Act to replace the main city structure of your own Banking system. Within the GLB Operate, financial institutions turned into susceptible to risk-depending and you will control investment requirements the same as those people applicable so you’re able to depository institutions or any other construction GSEs. The fresh new GLB Operate including led the newest Money Board to consider statutes recommending uniform capital requirements appropriate to each Bank. (suite…)
