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Board of Governors of the Federal Reserve System
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Board of Governors of the Federal Reserve System

Supervisory Policy and Guidance Topics

Enforcement

The Federal Reserve may take informal and formal enforcement actions against entities it supervises and individuals affiliated with such entities, for violations of laws, rules or regulations, unsafe or unsound practices, breaches of fiduciary duty, and violations of written commitments. Formal actions include cease and desist orders, written agreements, PCA Directives, removal and prohibition orders, and orders assessing civil money penalties. Informal enforcement actions are used when circumstances warrant a less severe form of action than a formal action. Examples of informal actions include: commitments, board resolutions, and memoranda of understanding.
Sections on this page:  

Policy Letters

Enforcement

SR 12-16 / CA 12-12
Interagency Statement on Restrictions on Conversions of Troubled Banks
SR 11-11/CA 11-5
Supervision of Savings and Loan Holding Companies (SLHCs)
SR 07-10
Interagency BSA/AML Enforcement Policy Statement
SR 03-20
Suspicious Activity Reports and Enforcement Actions against Individuals
SR 03-6
Guidance Regarding Restrictions on Institutions in Troubled Condition
SR 97-6 (ENF)
Civil Money Penalty Assessment Procedures
SR 97-5 (ENF)
Policy Statement on Interagency Notification and Coordination of Enforcement Actions
SR 93-51 (FIS)
Amendments to Money Laundering Laws and Related Legislation and Federal Reserve 1992 Report to Congress Regarding Administrative Enforcement and Criminal Investigatory and Prosecutorial Activities
SR 93-10 (FIS)
Revised Procedures Regarding Processing of Dividend Requests from State Member Banks and Bank Holding Companies Under Formal Action
SR 91-13
Civil Money Penalties and the Use of the Civil Money Penalty Assessment Matrix
SR 90-38
The Comprehensive Thrift and Bank Fraud Prosecution and Taxpayer Recovery Act of 1990
 

Additional Resources

 

 

Manual References

Last update: August 2, 2013