View all text of Subchapter IV [§ 5351 - § 5354]
§ 5353. Fair trade in financial services
(a) Discussions
When advantageous the President or his designee shall conduct discussions with the governments of countries that are major financial centers, aimed at:
(1) ensuring that United States banking organizations and securities companies have access to foreign markets and receive national treatment in those markets;
(2) reducing or eliminating barriers to, and other distortions of, international trade in financial services;
(3) achieving reasonable comparability in the types of financial services permissible for financial service companies; and
(4) developing uniform supervisory standards for banking organizations and securities companies, including uniform capital standards.
(b) Consultation before discussions
(c) Recommendations
(d) Construction of section
(Pub. L. 100–418, title III, § 3603, Aug. 23, 1988, 102 Stat. 1387.)