Safe and sound banking: past, present, and future : a conference sponsored by the Federal Reserve Banks of San Francisco and Atlanta and the founding editors of the Journal of Financial Services Research, August 17-18, 2006

In 1986, a task force of five banking academics organized and sponsored by the American Bankers Association convened to examine the banking industry and the efficacy of its regulatory system. The group was charged with reviewing ?the problems of ensuring the safety and soundness of the banking system and looking at a number of policy options to improve the efficiency, performance, and safety of the system by changing the structure of the deposit insurance system and the bank regulatory and supervisory process.? ; The purpose of this conference is to evaluate how these recommendations have fared during the past twenty years: How many have been adopted in one form or another, how many have been rejected, and how many are still under consideration? The conference will also update the menu of recommendations to deal with the challenges confronting the banking system over the next twenty years.