US prudential rules to change Asian banks' expansion plans.

• Autores: Ashley Lee
• Localización: International financial law review, ISSN-e 0262-6969, Vol. 33, Nº. 5 (Jun2014), 2014
• Idioma: inglés
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• Resumen

  • The article focuses on the impact of the final regulations implementing section 165 of the Dodd-Frank Act on Asian banks' plans for growth in the U.S. Topics discussed include a new requirement for foreign banks with over 50 billion U.S. dollars in U.S. assets to setup a U.S. intermediate holding company (IHC) for their U.S. subsidiaries, the liquidity stress tests requirement under Section 165, and the possibility that other countries will copy the U.S. by introducing similar requirements.