International Banking Act

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International Banking Act

Legislation in the United States, passed in 1978, that requires American branches of foreign banks to abide by the same regulations as U.S. banks. While this increases regulation by mandating capital adequacy requirements and so forth, it provides FDIC insurance to foreign banks.
References in periodicals archive ?
UCL has been the incubating institution for the IBA Company.
IBA Group is one of the largest IT service providers in Eastern Europe performing software development, migration, maintenance, support, and IT consulting services with more than 2,700 IT and business professionals.
In addition, IBA is developing an automated management system for the Kazakh Railways.
Initially a small firm of fewer than a dozen employees, IBA has evolved into an international group with a workforce of more than 2,300 people.
The completion of the rights issue represents a significant step towards the completion of the merger between IBA and iSOFT.
Another method for storage is to hang the IBA on a sturdy hanger with all SAPI and soft panels and inserts placed inside.
Under the IBA and Regulation K, in acting on an application by a foreign bank to establish a representative office, the Board must consider whether the foreign bank (1) engages directly in the business of banking outside of the United States, (2) has furnished to the Board the information it needs to assess the application adequately, and (3) is subject to comprehensive supervision on a consolidated basis by its home country supervisor (12 U.
Rob Krier, Giorgio Grassi and Aldo Rossi himself were some of the most well-known IBA competition winners.
At about 16 pounds, IBA is lighter than the 25-pound Vietnam-era flack jacket it replaced, and it offers better protection, Moran said.
She went on to earn the IBA super middleweight title and in 1998 the IBA world heavyweight title.
Polyethylene pellets that are partially crosslinked with radiation have been introduced by the IBA Advanced Applications div.
Under the terms of the settlement, IBA has dropped its challenge to the validity and enforceability of SureBeam's core system patent, and SureBeam and Titan have agreed that IBA and its customers may continue to operate or use IBA's electronic irradiation sterilization facility in Bridgeport, New Jersey.