Fed toughens rules on officials moving to private sector

federal reserve
The Federal Reserve

The Federal Reserve has moved to tighten its rules on supervisors taking jobs at firms they have recently been overseeing.

The revised policies, published on November 18, broaden the scope of individuals classed as "senior bank examiners", who are prohibited for one year from accepting paid work at a financial institution they previously had "primary responsibility" for overseeing. A new policy also seeks to prevent official communications between former and current employees.

Those found

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: