Since you have other speakers on the program who are planning to provide you with an update on the status of rulemakings currently under way, I won’t cover the act’s provisions in any detail. However, as I’m sure you know, the IIA research foundation published a Sarbanes-Oxley status report just last month. The summary was entitled Assessment Guide for U.S.
BIS central bankers’ speeches  1  Third, supervisory stress testing has been on the leading edge of a movement toward greater supervisory transparency. Since the SCAP, the Fed has steadily increased the transparency around its stress testing processes, methodologies, and results. Before the crisis, releasing unfavorable supervisory information about particular firms was unthinkable-for fear of setting off runs on banks.