Code of Federal Regulations (Last Updated: November 8, 2024) |
Title 12 - Banks and Banking |
Chapter II - Federal Reserve System |
SubChapter A - Board of Governors of the Federal Reserve System |
Part 252 - Enhanced Prudential Standards (Regulation YY) |
Subpart G - XXX |
§ 252.60 - Applicability.
Latest version.
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§ 252.60 Applicability.
(a) General applicability. This subpart applies to any U.S. bank holding company that is identified as a global systemically important BHC.
(b) Initial applicability. A global systemically important BHC shall be subject to the requirements of this subpart beginning on the later of:
(1) January 1, 2019; or
(2) 1095 days (three years) after the date on which the company becomes a global systemically important BHC.