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Central Banks As Regulators And Supervisors Of The Financial System; Parallel Between The American Federal Reserve System And The Colombian Bank Of The Republic, Ricardo Mauricio Rosillo
Central Banks As Regulators And Supervisors Of The Financial System; Parallel Between The American Federal Reserve System And The Colombian Bank Of The Republic, Ricardo Mauricio Rosillo
LLM Theses and Essays
The first part of this thesis will focus on the origin and legal nature of the American Federal Reserve System established by the Federal Reserve Act of 1913 and Colombia's Bank of the Republic. Next, I will offer a deep study of the structure of the Federal Reserve System, concentrating on institutions like the Board of Governors, the Federal Reserve Bank, the Federal Open Market Committee, and member banks. The author also describes and analyzes Colombia's Bank of the Republic, placing emphasis on the reforms introduced by the new Constitution. In Chapter IV the main faculties, functions, and operations undertaken …