N.Y. Comp. Codes R. & Regs. tit. 3 § 117.8

Current through Register Vol. 46, No. 53, December 31, 2024

Section 117.8 - Residual Authority of the Superintendent

Where the method or methods used by a bank fails to appropriately reflect the credit exposures of the bank arising from derivative transactions, the superintendent may direct such bank to use an alternate method or methods.

N.Y. Comp. Codes R. & Regs. Tit. 3 § 117.8

Adopted, New York State Register October 1, 2014/Volume XXXVI, Issue 39, eff.10/1/2014