US prudential rules to change Asian banks' expansion plans

• Autores: Ashley Lee
• Localización: International financial law review, ISSN-e 0262-6969, Vol. 33, Nº. 4, 2014, págs. 77-78
• Idioma: inglés
• Texto completo no disponible (Saber más ...)
• Resumen

  • Implementing regulations for Section 165 of the Dodd-Frank Act are set to change how Asian banks expand in the US; Banks with over $50 billion in US assets must set up a US intermediate holding company that has to meet enhanced prudential standards and liquidity stress testing requirements; There are fears other jurisdictions might copy the US by introducing similar requirements.