4  BIS Review 65/2007  Supervisory activities Examination and enforcement The Board has responsibility for enforcing compliance by state-member banks and certain foreign banking organizations with consumer financial services laws, the fair lending laws, and the CRA. Because of the complexity of consumer regulatory requirements, the Board has had a specialized consumer examination program since the late 1970s.
BIS central bankers’ speeches  1  Let me present to you one example of Richard’s straight talk, extracted from an interview in 2013 with the Financial Times: “Markets tend to test things. We haven’t forgotten what happened to the Bank of England [on Black Wednesday]. I don’t think anyone can break the Fed . . .