This chapter discusses the expanded powers that a foreign bank or its parent (foreign banking organization or FBO) may exercise in the United States if it successfully elects to be treate...
The OCC has issued an interim final rule to implement Section 610 of the Dodd-Frank Act, which expands the statutory definition of “loans and extensions of credit” for purposes of the...
Since publication of the rst edition of Regulation of Foreign Banks and Aliates in the United States more than twenty years ago, this treatise has become the denitive guide for how for...
U.S. bank regulators are proposing a broad and comprehensive revision of the regulatory capital rules applicable to all U.S. insured depository institutions and all U.S.-based insured dep...
In this Report:
As of June 1, 2012, a total of 221 Dodd-Frank rulemaking requirement deadlines have passed. Of these 221 passed deadlines, 148 (67.0%) have been missed and 73 (33.0%) hav...
Yesterday late afternoon the Financial Stability Oversight Council (the “Council”) proposed rules that would set procedures for the Council’s hearings on proposed determinations tha...
The Federal Reserve’s decision this week to confer Comprehensive Consolidated Supervision status to three state-owned Chinese banks has been long awaited and paves the way for major Chi...
In this Report:
As of May 1, 2012, a total of 221 Dodd-Frank rulemaking requirement deadlines have passed. Of these 221 passed deadlines, 148 (67%) have been missed and 73 (33%) have b...
Yesterday, the Federal Reserve issued guidelines clarifying when banking entities must bring their activities, investments, relationships and transactions into conformance with the Volcke...
On April 19, 2012, Davis Polk, in conjunction with Cleary Gottlieb and Sullivan & Cromwell authored a white paper on the separate entity doctrine as applied to the U.S. branches of foreig...
