The National Bank Surveillance System[1] is a computerized, off-site monitoring system[2][3] developed by the U.S. Office of the Comptroller of the Currency (OCC) "to assist in the early detection of problem banks and bank management," for the purpose of initiating early corrective action.[4]
Essentially an early-warning system, the NBSS was first implemented in 1975. It produces Bank Performance Reports (BPRs)[5] as its primary analytical tool.[6]
Notes edit
- ^ "National Bank Surveillance System". investorwords.com. WebFinance, Inc. Retrieved 23 May 2012.
- ^ "National Bank Surveillance System (NBSS)".
- ^ King, Thomas B.; Nuxoll, Daniel; Yeager, Timothy J. (January 2005). "Are the Causes of Bank Distress Changing? Can Researchers Keep Up?".
- ^ Front Cover Oliver G. Wood, Robert J. Porter. "National Bank Surveillance System". Google Books. Van Nostrand Reinhold Co. p. 9. Retrieved 23 May 2012.
- ^ "Off Site Survillance Systems" (PDF). An examination of the banking crises of the 1980s and early 1990s. History of the Eighties:Lessons for the future. Retrieved 23 May 2012.
- ^ "The primary function of a financial system is resource allocation".
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