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Bank of America Global Banking and Markets Privacy Notice China (GUAM) Last updated July 2022 20227 Global Banking and Markets Privacy Notice China (GUAM) This Privacy Notice explains how Bank of
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What is global banking and markets?
Global banking and markets refer to the division of a financial institution that offers services such as investment banking, asset management, and trading across international markets.
Who is required to file global banking and markets?
Financial institutions and corporations that engage in international banking activities are required to file global banking and markets reports.
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The purpose of global banking and markets reports is to provide regulators with information on international banking activities of financial institutions to ensure compliance with regulations and monitor systemic risks.
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Information such as cross-border transactions, foreign currency exposures, and international investments must be reported on global banking and markets.
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