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Ramsey said that the five officers had been seen participating in the beating, and that the sergeant had been removed from duty "for failing to take supervisory action to intervene".
The dashboard may also have a set of smart criteria that pre-screens which issues get escalated for supervisory action.
Regarding the firm's ownership concentration, large stockholders, unlike minority shareholders, may have incentives to supervise managerial actions as the increase in their wealth derived from their supervisory action may be higher than the direct supervisory costs incurred.
Individual bank-based supervisory action instead of broad "one size fits all" exposure limits would have the additional benefit of allowing for individual exceptions or transition periods.
Moreover, it is easily translatable to supervisory action at all levels of responsibility.
Each Federal banking agency shall keep and maintain a record, for a period of at least 6 years, of all documents described in paragraph (1) and all informal enforcement agreements and other supervisory actions and supporting documents issued with respect to or in connection with any administrative enforcement proceeding initiated by such agency under this section or any other laws.
"The enforcement orders do not preclude additional supervisory actions or the imposition of civil money penalties," she said.
Mr. Geithner said many of the New York Fed's supervisory actions could not be disclosed because of confidentiality issues.
In contrast to regulation, that is based on verifiable information, supervision is about supervisory actions (partly) based on nonverifiable information.
The responsible person for each maintenance action is indicated.
Within each supervisory area, at least 19 households were selected randomly.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com