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FBSEA
(redirected from Foreign Bank Supervision Enhancement Act)

   Also found in: Financial 0.01 sec.
AcronymDefinition
FBSEAForeign Bank Supervision Enhancement Act


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The Foreign Bank Supervision Enhancement Act of 1991, which amended the IBA, provides that a foreign bank must obtain the approval of the Board to establish a representative office in the United States.
CMB is the first branch opened by a Chinese banking institution since the adoption of Foreign Bank Supervision Enhancement Act of 1991, turning a new chapter of market access of Chinese banks to the United States.
The Foreign Bank Supervision Enhancement Act of 1991, which amended the IBA, provides that a foreign bank must obtain the approval of the Board to establish a representative office in the United States.
 
 
 
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