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<classification authority="sudocs">GA 1.13:GGD-95-38</classification>
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 <subject>Bank management</subject>
 <subject>Bank deposits</subject>
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 <title>Bank Regulatory Structure: The United Kingdom</title>
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<abstract>Proposals to consolidate U.S. banking regulatory agencies have raised
questions about how other nations structure and carry out their various
bank regulation and supervision and central bank activities. This report
provides information about such activities in the United Kingdom, which
provides an example of a bank regulatory structure dominated by its
central bank. GAO describes (1) the U.K. bank regulatory and supervisory
structure and its key participants; (2) how that structure functions,
particularly with respect to bank authorization, regulation, and
supervision; and (3) how banks are examined.</abstract>
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