What prudential rules mean for foreign banks in US

• Autores: Zoe Thomas
• Localización: International financial law review, ISSN-e 0262-6969, Vol. 33, Nº. 4, 2014, págs. 82-83
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • The final version of section 165 of Dodd-Frank creates a fundamental change in how foreign banks do business in the US. Here's why The final version of section 165 of the Dodd-Frank Act has been released by the Federal Reserve, fundamentally changing the nature of how foreign banks can operate in the US; The rule raises the required amount of assets a bank must have to qualify, but still adds some burden to hundreds of banks operating in the US; The reaction of foreign regulators has concerned US banks that other jurisdictions may now draft retaliatory regulations.