U.S. bank regulators allow U.S. banks overseas to engage in all banking activities allowed by the host country.

Question

Quizplus · Accepted Answer

U.S. bank regulators generally require U.S. banks operating overseas to adhere to both U.S. banking regulations and the regulations of the host country. While they may engage in activities allowed by the host country, they are still subject to limitations and oversight by U.S. regulators, and not all activities permitted by the host country may be allowed for U.S. banks under U.S. regulations.

US Bank Regulators Allow U