International Banking Act of 1978
The Creating International Banking Act of 1978 was a 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.
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International Banking Act of 1978
The Creating International Banking Act of 1978 was a 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.
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The Creating International Ban ...... same rules as domestic banks.
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The Creating International Ban ...... uditing schedules as US banks.
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International Banking Act of 1978
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