International Banking Act of 1978

id: international-banking-act-of-1978-309-12109252
title: International Banking Act of 1978
text: The Creating International Banking Act of 1978 was a United States legislative act that brought all American branches of foreign banks and agencies under the jurisdiction of US banking regulations. It granted FDIC insurance to these domestic branches, but also required them to hold the same reserves and auditing schedules as US banks. Prior to this act, foreign banks operating in the US were subject to varying state laws with no uniformity. Thus for the benefit of both US regulators and foreign
brand slug: wiki
category slug: encyclopedia
description:
original url: https://en.wikipedia.org/wiki/International_Banking_Act_of_1978
date created:
date modified: 2023-05-23T19:59:26Z
main entity: {"identifier":"Q16997153","url":"https://www.wikidata.org/entity/Q16997153"}
image:
fields total: 13
integrity: 13

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