Board of Governors of the Federal Reserve System

Preface

The Federal Reserve Board publishes its Supervision and Regulation Report to inform the public and provide transparency about its supervisory and regulatory policies and actions, as well as current banking conditions. Previous reports are available at https://www.federalreserve.gov/publications/supervision-and-regulation-report.htm.

For more information on how the Federal Reserve promotes the safety and soundness of individual financial institutions and the financial system, see The Fed Explained: What the Central Bank Does at https://www.federalreserve.gov/aboutthefed/the-fed-explained.htm and visit the Supervision and Regulation webpage on the Board's public website at https://www.federalreserve.gov/supervisionreg.htm.

This report focuses on developments in four areas:

1. Banking System Conditions provides an overview of the financial condition of the banking sector.
2. Regulatory Developments outlines the Federal Reserve's recent regulatory policy work.
3. Supervisory Developments highlights the Federal Reserve's current supervisory programs and priorities.
4. Bank Applications and M&A provides details on the Federal Reserve's review of applications and mergers and acquisitions activity.