Year 2000: Financial Institution and Regulatory Efforts to Address International Risks
GGD-99-62
Published: Apr 27, 1999. Publicly Released: May 19, 1999.
Skip to Highlights
Highlights
Pursuant to a congressional request, GAO reviewed the international risks that the year 2000 computer problem poses to U.S. financial institutions, focusing on the extent to which: (1) large, internationally active U.S. financial institutions were addressing international year 2000 risks; (2) U.S. banking and securities regulators were overseeing these risks for the institutions they regulate; (3) large foreign financial institutions and their regulators are addressing the year 2000 risks; and (4) other issues may require attention before 2000 arrives.
Full Report
Office of Public Affairs
Topics
Software verification and validationData integrityFinancial institutionsFinancial management systemsForeign corporationsInformation resources managementInternational cooperationSystems compatibilitySystems conversionsY2K