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The law and FDIC’s ( the Federal Deposit Insurance Corporation) regulations, which apply to all state member banks and bank hold
The law and FDIC’s ( the Federal Deposit Insurance Corporation) regulations, which apply to all state member banks and bank hold
admin
2012-01-26
82
问题
The law and FDIC’s ( the Federal Deposit Insurance Corporation) regulations, which apply to all state member banks and bank holding companies, reinforce the Federal Reserve’s longstanding policy that an institution-affiliated party who engages in misconduct should not be insulated from the consequences of his or her misconduct. From a safety and soundness perspective, a state member bank or bank holding company should not divert its assets to pay a line or other final judgment issued against an institution-affiliated party for misconduct that presumably violates the institution’s policy of compliance with applicable law, especially in cases where the individual’s misconduct has already harmed the institution. Although state corporate laws may allow a company to adopt by-laws indemnifying its institution affiliated parties, any indemnification provisions or agreements adopted by a state member bank or bank holding company must comply with federal law and the FDIC’s regulations concerning indemnification.
A state member bank should not pay a fine or other final judgment issued against an institution-affiliated party for misconduct.
选项
A、Right
B、Wrong
C、Doesn’t say
答案
C
解析
文中第二句话a state member bank or bank holding company should not divert its assets…against an institution affiliated party for misconduct that…而并非如题中所说。
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本试题收录于:
FECT综合(现代金融业务)题库金融英语(FECT)分类
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FECT综合(现代金融业务)
金融英语(FECT)
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