The Foreign Bank Supervision Act of 1991 limits U.S. authority over foreign banks operating in the U.S.

Name: The Foreign Bank Supervision Act of 1991 limits U.S. authority over foreign banks operating in the U.S.
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The Foreign Bank Supervision Enhancement Act of 1991 actually increased the authority of the Federal Reserve over foreign banks operating in the U.S., requiring more stringent oversight and approval processes for establishing branches, agencies, or acquiring ownership in U.S. banks.

The Foreign Bank Supervision Act of 1991 Limits U