Foreign Nonbank Financial Company [Banks & Banking] Law and Legal Definition
Pursuant to 12 USCS § 5311 (4) (A) [Title 12. Banks and Banking; Chapter 53. Wall Street Reform and Consumer Protection; Financial Stability], the term foreign nonbank financial company means “a company (other than a company that is, or is treated in the United States as, a bank holding company) that is--
(i) incorporated or organized in a country other than the United States; and
(ii) predominantly engaged in, including through a branch in the United States, financial activities, as defined in 12 USCS § 5311 (6).”
Legal Definition list
- Foreign Nonbank Financial Company [Banks & Banking]
- Foreign Nexus
- Foreign Narcotics Kingpin Designation Act
- Foreign Motor Carrier
- Foreign Money Judgment
- Foreign Nonmain Proceeding ( Bankruptcy)
- Foreign Offshore Unit
- Foreign Option
- Foreign Person
- Foreign Personal Holding Company
- Foreign Personal Representative
