Supervision and Regulation

The Chicago Fed supervises state member banks, bank holding companies and financial holding companies, and also provides these institutions with pertinent information to enhance their risk management processes.

What's New in Supervision and Regulation?

Dodd-Frank Act

On July 21, 2010, President Obama signed into law the Wall Street Reform and Consumer Protection Act of 2010 (Dodd-Frank Act, or DFA). This historic financial reform legislation will play a crucial role in preventing future crisis, helping families save for the future and growing our economy.

Risk Information

Risk Management Research

To bring a broader perspective that complements and supports the institutional perspectives throughout the Supervision and Regulation Department, a dedicated group of risk specialists studies emerging issues affecting the banking industry. Topics include bank supervisory and regulatory concerns, fair lending issues, potential risks to financial institutions and payment system risk issues.

Types of Banking Risk

The Federal Reserve System has established a banking risk framework that consists of six risk factors: credit, market, operational, liquidity legal, and reputational risks. During examinations, institutions' risk management structures are reviewed using these risk categories.