The Foreign Bank Supervision Enhancement Act of 1991 places the responsibility for supervising U.S.branches of foreign banks with the:

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The Foreign Bank Supervision Enhancement Act of 1991 assigns the responsibility for supervising U.S. branches of foreign banks to the Federal Reserve Board. The Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation may also have some supervisory responsibilities for these banks, but the primary responsibility lies with the Federal Reserve Board. The Secretary of Commerce does not have authority over bank supervision.

The Foreign Bank Supervision Enhancement Act of 1991 Places the Responsibility