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The National Treatment Study was a quadrennial report required by the Financial Reports Act of 1988. The purpose of the reports was to examine the treatment accorded U.S. financial institutions in various foreign markets. Since the first NTS report was submitted to Congress in 1978, much progress was made in bilateral and multilateral negotiations to open foreign financial markets to U.S. institutions. In addition, there are now a number of private sector sources providing similar information to the general public on a more frequent basis. (For example, see the annual *Global Survey* provided by the Institute for International Bankers, www.iib.org  ) Accordingly, in order to conserve resources the Treasury Secretary recommended that Congress terminate the NTS reporting requirement. Congress agreed to do so in 1999. Therefore, the 1998 NTS is the last and final report to be prepared and submitted to Congress.

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To view the entire                report in one PDF file (530 pages, 50 MB),click here .

Preliminary Items
- Letters of Transmittal to                  Congress 
- Table of Contents 
- Preface 
- Legislative Mandate for 1998                  Report 
- Acknowledgments 
- Executive Summary 

Part I: Treatment and                Operations of Foreign Financial Services Firms in                the United States
- National Treatment under U.S. Laws and                  Regulations ( Part I                    /  Part II  )
- Operations of Foreign Financial                  Institutions in the United States 

Part II: International                Financial Services Discussions
- Financial Services Negotiations                  in the World Trade Organization 

Part III: Treatment of United                States Financial Services Firms in Overseas                Markets
-                           Argentina                           					     - Banking 
  - Securities 
-                           Brazil                           					     - Banking 
  - Securities 
-                           Canada                           					     - Banking 
-                           Chile                           					     - Banking 
  - Securities 
-                           China                           					     - Banking 
  - Securities 
-                           Czech Republic                           					     - Banking 
  - Securities 
-                           European Union                           					     - Banking 
  - Securities 
-                           Hong Kong                           					     - Banking 
  - Securities 
-                           Hungary                           					     - Banking 
  - Securities 
-                           India                           					     - Banking 
  - Securities 
-                           Indonesia                           					     - Banking 
  - Securities 
-                           Japan                           					     - Banking 
  - Securities 
-                           Korea                           					     - Banking 
  - Securities 
-                           Malaysia                           					     - Banking 
  - Securities 
-                           Mexico                           					     - Banking 
  - Securities 
-                           Philippines                           					     - Banking 
  - Securities 
-                           Poland                           					     - Banking 
  - Securities 
-                           Russia                           					     - Banking 
  - Securities 
-                           Singapore                           					     - Banking 
  - Securities 
-                           South Africa                           					     - Banking 
  - Securities 
-                           Taiwan                           					     - Banking 
  - Securities 
-                           Thailand                           					     - Banking 
  - Securities 
-                           Venezuela                           					     - Banking 
  - Securities 
-                           Vietnam                           					     - Banking 

**Printed copies**of the 1998 National Treatment Study may still be available from the Government Printing Office; Superintendent of Documents; P.O. Box 371954 ; Pittsburgh , PA 15250-7954 or call (202) 512-1800. 

Please e-mail comments to nts@do.treas.gov
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