International Banking Act

GPTKB entity

Statements (17)
Predicate Object
gptkbp:instanceOf gptkb:United_States_federal_law
gptkbp:aimsTo create a level playing field for domestic and foreign banks
gptkbp:amendedBy gptkb:Foreign_Bank_Supervision_Enhancement_Act_of_1991
gptkbp:codifiedIn 12 U.S.C. § 3101 et seq.
gptkbp:dateEnacted 1978
gptkbp:enactedBy gptkb:United_States_Congress
gptkbp:establishes regulatory framework for foreign bank branches and agencies
https://www.w3.org/2000/01/rdf-schema#label International Banking Act
gptkbp:prohibits uninsured foreign bank branches from accepting retail deposits
gptkbp:regulates foreign banks operating in the United States
gptkbp:requires foreign banks to maintain reserves
foreign banks to obtain federal licenses
gptkbp:signedBy gptkb:President_Jimmy_Carter
gptkbp:subject FDIC insurance requirements
Federal Reserve supervision
gptkbp:bfsParent gptkb:Title_12_of_the_United_States_Code
gptkbp:bfsLayer 6