Monetary Control Act of 1980

Monetary Control Act of 1980
( MAC)
Act which requires that all banks and all institutions that accept deposits from the public make periodic reports to the Federal Reserve System. Starting in September 1981, the Fed charged banks for a range of services that it had provided free in the past, including check clearing, wire transfer of funds and the use of automated clearinghouse facilities. Bloomberg Financial Dictionary

Financial and business terms. 2012.

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  • Monetary Control Act — Title 1 of a two title act passed in 1980 that represented the first significant reform in the banking industry since the Great Depression. One of the major highlights of the Monetary Control Act was the deregulation of interest rates paid by… …   Investment dictionary

  • Depository Institutions Deregulation and Monetary Control Act — The Depository Institutions Deregulation and Monetary Control Act, a United States federal financial statute law passed in 1980, gave the Federal Reserve greater control over non member banks. It forced all banks to abide by the Fed s rules. It… …   Wikipedia

  • Depository Institutions Deregulation And Monetary Control Act — (DIDMCA)  1980 federal legislation that drastically changed banking rules, including gradual elimination of interest rate ceilings and restrictions on stock brokerage firms offering checking accounts. Among bankers it is referred to as the “1980… …   American business jargon

  • Depository Institutions Deregulation and Monetary Control Act — The 1980 federal legislation that ended the regulation of the banking industry. Bloomberg Financial Dictionary …   Financial and business terms

  • ЗАКОН О КОНТРОЛЕ НАД ДЕНЕЖНЫМ ОБРАЩЕНИЕМ 1980 г. — MONETARY CONTROL ACT OF 1980Раздел I ЗАКОНА О ДЕРЕГУЛИРОВАНИИ ДЕПОЗИТНЫХ УЧРЕЖДЕНИЙ И ДЕНЕЖНО КРЕДИТНОМ КОНТРОЛЕ 1990 гСм. ПРАВИЛА СОВЕТА УПРАВЛЯЮЩИХ ФЕДЕРАЛЬНОЙ РЕЗЕРВНОЙ СИСТЕМЫ (Правило А) …   Энциклопедия банковского дела и финансов

  • Glass-Steagall Act — The Glass Steagall Act of 1933 established the Federal Deposit Insurance Corporation (FDIC) in the United States and included banking reforms, some of which were designed to control speculation. [cite web… …   Wikipedia

  • Federal Reserve Act — Full title An Act To provide for the establishment of Federal reserve banks, to furnish an elastic currency, to afford means of rediscounting commercial paper, to establish a more effective supervision of banking in the United States, and for… …   Wikipedia

  • Glass-Steagall Act — est le nom sous lequel est généralement connu le Banking Act de 1933 aux États Unis. Celui ci a : instauré une incompatibilité entre les métiers de banque de dépôt et de banque d investissement ; créé le système fédéral d assurance des… …   Wikipédia en Français

  • Glass-Steagal Act — Glass Steagall Act Glass Steagall Act est le nom sous lequel est généralement connu le Banking Act de 1933 aux États Unis. Celui ci a : instauré une incompatibilité entre les métiers de banque de dépôt et de banque d investissement; créé le… …   Wikipédia en Français

  • Glass-steagall act — est le nom sous lequel est généralement connu le Banking Act de 1933 aux États Unis. Celui ci a : instauré une incompatibilité entre les métiers de banque de dépôt et de banque d investissement; créé le système fédéral d assurance des dépôts …   Wikipédia en Français

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