12 C.F.R. § 252.41

Current through May 31, 2024
Section 252.41 - Authority and purpose
(a)Authority.12 U.S.C. 321-338a , 1818 , 1831p-1 , 1844(b) , 1844(c) , 5361 , 5365 , 5366 , sec. 401(e) , Pub. L. 115-174, 132 Stat. 1296.
(b)Purpose. This subpart implements section 165 of the Dodd-Frank Act (12 U.S.C. 5365 ) and section 401(e) of the Economic Growth, Regulatory Relief, and Consumer Protection Act, which requires the Board to conduct annual analyses of nonbank financial companies supervised by the Board and bank holding companies with $100 billion or more in total consolidated assets to evaluate whether such companies have the capital, on a total consolidated basis, necessary to absorb losses as a result of adverse economic conditions.

12 C.F.R. §252.41

84 FR 59105, Nov. 1, 2019
84 FR 59105, 12/31/2019