Lastly, we hope the ANPR will provide a foundation for the agencies to converge on a consistent approach that has broad support among stakeholders. Stakeholders, including the NHC, have expressed strong support for the agencies to work together to modernize CRA.
The Bank in its supervisory role has observed serious weaknesses in areas of governance and management. We have seen and  2  BIS Review 72/2006  dealt with directors and managers who have conflict of interest when making decisions that were not in the best interest of members.