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- Title
Order Approving Establishment of a Representative Office.
- Authors
Shanks, Margaret McCloskey
- Abstract
The article discusses the approval by the Director of the Division of Banking Supervision and Regulation on the Esch-sur-Alzette, Luxembourg-based bank RBC Investor Services Bank SA's proposal to establish a representative office in New York City under the International Banking Act (IBA). Some of the factors that the director have considered in approving the proposal are outlined. The approval is pursuant to the authority delegated by the Board of Governors of the Federal Reserve System.
- Subjects
NEW York (N.Y.); UNITED States; RBC Investor Services Bank SA; BOARD of Governors of the Federal Reserve System (U.S.); INTERNATIONAL banking industry laws; FOREIGN banking industry laws; BRANCH banks
- Publication
Federal Reserve Bulletin, 2014, Vol 100, Issue 1, p55
- ISSN
0014-9209
- Publication type
Article