New York Codes Rules Regulations (Last Updated: March 27,2024) |
TITLE 3. Banking |
Chapter I. General Regulations of the Superintendent |
Part 5. Superintendent’s Regulations: Internal and External Audits at Branches and Agencies of Foreign Banking Corporations |
Sec. 5.7. Compliance with Federal regulations
Latest version.
- Compliance by an insured foreign bank office with section 112 of the Federal Deposit Insurance Corporation Improvement Act (12 U.S.C. § 1831m), as it may be amended from time to time, shall be deemed compliance by that insured foreign bank office with section 5.3(a) of this Part, subject to the superintendent's authority to require additional procedures as may be deemed to be necessary.