12 U.S.C. § 3903 — Strengthened supervision of international lending
submitted 43 years ago by Pub. L. 98-181 to r/title-12-BANKS-AND-BANKING · 60 words · no verdicts yet
This section requires Federal banking agencies to consider foreign exposure and transfer risk in supervision and capital review.
(a) Each appropriate Federal banking agency* must evaluate banking institutions’ foreign-country exposure and transfer risk for examinations and supervision. (b) Each agency must establish procedures ensuring those factors are considered when evaluating whether institutions have adequate capital.
Each appropriate Federal banking agency* shall evaluate banking institution* foreign country exposure and transfer risk for use in banking institution examination and supervision.
Each such agency shall establish examination and supervisory procedures to assure that factors such as foreign country exposure and transfer risk are taken into account in evaluating the adequacy of the capital of banking institutions.
Source credit: (Pub. L. 98–181, title I [title IX, § 904], Nov. 30, 1983, 97 Stat. 1279.)
- 1983Enacted · Pub. L. 98-181 · 97 Stat. 1279
A history note hasn’t been published yet. The record shows enactment by Pub. L. 98-181 on 1983-11-30.
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