Jump to Content Jump to Main Navigation

Part F Cross-Border Issues, 46 Liability for Branch Deposits and the Impact of Foreign Law

From: The Law and Practice of International Banking (2nd Edition)

Charles Proctor

From: Oxford Legal Research Library (http://olrl.ouplaw.com). (c) Oxford University Press, 2023. All Rights Reserved.date: 30 January 2023

Deposit insurance schemes — Deposit protection schemes — Recovery and Resolution Plan (RRP) — Regulation of banks

This chapter examines the extent to which a bank based in England is liable to meet the deposit obligations of its foreign branches if, for some reason, they are prevented from doing so directly. It considers the impact of a foreign branch; the consequences of an outbreak of war; the effect of a foreign expropriation law; the effect of other forms of seizure; exchange control laws; the effect of a foreign moratorium; and blocking orders.

Users without a subscription are not able to see the full content. Please, subscribe or login to access all content.