Foreign Banks: Implementation of the Foreign Bank Supervision Enhancement Act of 1991
GGD-96-187
Published: Sep 30, 1996. Publicly Released: Sep 30, 1996.
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Highlights
Pursuant to a congressional request, GAO provided information on the Federal Reserve's implementation of the Foreign Bank Supervision Enhancement Act, focusing on: (1) the Reserve's examination process and process for approving foreign bank applications for U.S. entry and expansion; and (2) enforcement actions that the Federal Reserve has taken since 1993.
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Bank depositsBank examinationBank managementBanking lawBanking regulationFinancial institutionsFines (penalties)Foreign investments in USInternational economic relationsInvestments abroad