Susan Schmidt Bies: Corporate governance and community banks Remarks by Ms Susan Schmidt Bies, Member of the Board of Governors of the US Federal Reserve System, before the Annual Convention of the Arkansas Bankers Association, Hot Springs, Arkansas, 17 May 2004.
In recent years, the Federal Reserve and other agencies have made oversight more effective by better differentiating prudential regulation and supervision based on the asset size of banks, the complexity of their activities, and the related risks they pose to the financial system.