Which U.S.federal law required branches and agency offices of foreign banks to secure federal licenses for their U.S.operations for the first time?

Question

Quizplus · Accepted Answer

The International Banking Act of 1978 required branches and agency offices of foreign banks to obtain federal licenses for their U.S. operations for the first time. This law allowed for greater regulation and oversight of foreign banks operating in the United States.

Which USFederal Law Required Branches and Agency Offices of Foreign Banks