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Bankowość · 05/12/2000

Operating Subsidiaries of Federal Branches and Agencies

Consistent with the principle of national treatment for foreign banks operating in the United States established by the International Banking Act of 1978, the Office of the Comptroller of the Currency (OCC) proposes to enable a Federal branch or agency to establish or maintain an operating subsidiary in generally the same manner that a national bank may establish or control an operating subsidiary.

Source: Federal Register — Office of the Comptroller of the CurrencyOpen original release →