Page:United States Statutes at Large Volume 105 Part 3.djvu/419

 PUBLIC LAW 102-242 —DEC. 19, 1991 105 STAT. 2303 3(s) of the Federal Deposit Insurance Act (12 U.S.C. 1813(s)) shall have the meaning given to them in section 1(b) of the International Banking Act of 1978 (12 U.S.C. 3101).". (h) AMENDMENT TO THE EXPEDITED FUNDS AVAILABILITY ACT. — Section 610(a) of the Expedited Funds Availability Act (12 U.S.C. 4009(a)) is amended— (1) by striking paragraph (1) and inserting the following: "(1) section 8 of the Federal Deposit Insurance Act in the case of— "(A) national banks, and Federal branches and Federal agencies of foreign banks, by the Office of the Comptroller of the Currency; "(B) member banks of the Federal Reserve System (other than national banks), and offices, branches, and agencies of foreign banks located in the United States (other than Federal branches, Federal agencies, and insured State branches of foreign banks), by the Board of Governors of the Federal Reserve System; and "(C) banks insured by the Federal Deposit Insurance Corporation (other than members of the Federal Reserve System) and insured State branches of foreign banks, by the Board of Directors of the Federal Deposit Insurance Corporation;"; and (2) by adding at the end the following: "The terms used in paragraph (1) that are not defined in this title or otherwise defined in section 3(s) of the Federal Deposit Insurance Act (12 U.S.C. 1813(s)) shall have the meaning given to them in section 1(b) of the International Banking Act of 1978 (12 U.S.C. 3101). ". SEC. 213. CRIMINAL PENALTY FOR VIOLATING THE INTERNATIONAL BANKING ACT OF 1978. The International Banking Act of 1978 (12 U.S.C. 3101 et seq.) is amended by inserting after section 16 (as added by section 208 of this subtitle) the following new section: "SEC. 17. CRIMINAL PENALTY. 12 USC 3111. "Whoever, with the intent to deceive, to gain financially, or to cause financial gain or loss to any person, knowingly violates any provision of this Act or any regulation or order issued by the appropriate Federal banking agency under this Act shall be imprisoned not more than 5 years or fined not more than $1,000,000 for each day during which a violation continues, or both.". SEC. 214. MISCELLANEOUS AMENDMENTS TO THE INTERNATIONAL BANKING ACT OF 1978. (a) SECTION 6.— Section 6 of the International Banking Act of 1978 (12 U.S.C. 3104) is amended— (1) by redesignating subsection (b) as subsection (b)(D; (2) by designating the last undesignated paragraph as paragraph (2); and (3) by adding at the end the following new subsection: "(c) RETAIL DEPOSIT-TAKING BY FOREIGN BANKS.— "(1) IN GENERAL. — After the date of enactment of this subsection, notwithstanding any other provision of this Act or any provision of the Federal Deposit Insurance Act, in order to

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