Which of the Following Is Not a Feature of the Foreign

question 78

Multiple Choice

Which of the following is not a feature of the Foreign Bank Supervision Enhancement Act?

• A)The Federal Reserve has the power to close a foreign bank if it is engaged in unsafe and unsound banking practice.
• B)The Federal Reserve has the responsibility to examine each subsidiary,branch,agency,or representative office at least once each year.
• C)The Fed's approval is necessary to establish a subsidiary,branch,agency or representative office in the U.S.
• D)Only foreign subsidiaries with access to FDIC insurance can take retail deposits under $100,000.

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Definitions:

Designing

The process of creating solutions to problems by identifying needs, researching, prototyping, and eventually creating something that satisfies those needs.

Implementing Intervention

The act of putting into effect a plan or action aimed at changing a situation or outcome, typically to improve a problematic condition or behavior.

Social Psychological Knowledge

Understanding derived from the scientific study of how individuals' thoughts, feelings, and behaviors are influenced by the actual, imagined, or implied presence of others.

Policy Decision Making

The process involved in creating rules or directives that guide the actions of an organization or system.