| Federal Branches and Agencies Supervision Comptrollers Handbook December 1999 Contributor(s): Comptroller of the Currency Administrato (Author) |
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ISBN: 1502908603 ISBN-13: 9781502908605 Publisher: Createspace Independent Publishing Platform OUR PRICE: $15.19 Product Type: Paperback Published: October 2014 |
| Additional Information |
| BISAC Categories: - Reference |
| Physical Information: 0.29" H x 8.5" W x 11" (0.73 lbs) 136 pages |
| Descriptions, Reviews, Etc. |
| Publisher Description: Foreign banking organizations (FBOs) have long conducted banking operations in the United States through branches, agencies, and subsidiaries. With the passage of the International Banking Act (IBA) in 1978, foreign banks could opt to conduct banking operations through a branch or agency licensed by the Comptroller of the Currency. Such licensed entities are known as " federal branches and agencies." Federal branches and agencies can exercise much the same rights and privileges as national banks and are subject to much the same laws, rulings, and regulations. The principle behind this consistency of treatment is termed national treatment. |
