Banking Acts of 1979 and 1987

(redirected from Banking Act of 1987)

Banking Acts of 1979 and 1987

Two pieces of legislation in the United Kingdom. Under both Acts, the Bank of England has regulatory responsibility for British financial institutions.
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This proposal was adopted in the Competitive Equality Banking Act of 1987 in the form of bridge banks.
The Federal Reserve Act firewalls were expanded in 1987 with the addition of section 23B, passed as a provision of the Competitive Equality Banking Act of 1987 (CEBA).
in Minneapolis in the late 1980s when ITT formed First Consumers National Bank, the first credit card bank created under the Competitive Equality Banking Act of 1987.
Two statutes, the Competitive Equality Banking Act of 1987 (CEBA) and the Home Equity Loan Consumer Protection Act of 1988 (HELCPA), added new Truth-in-Lending requirements regarding credit linked to home equity.
2) Two such laws enacted during the 100th Congress are the Competitive Equality Banking Act of 1987 (Public Law 100-86; Aug.
As a part of the Financial Institutions Reform, Recovery and Enforcement Act of 1989, the secretary of the treasury was instructed to study the feasibility of adopting laws or regulations similar to the United Kingdom Banking Act of 1987.
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