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Code of Federal Regulations (Last Updated: May 6, 2024) |
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Title 12 - Banks and Banking |
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Chapter II - Federal Reserve System |
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SubChapter A - Board of Governors of the Federal Reserve System |
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Part 238 - Savings and Loan Holding Companies (Regulation LL) |
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Subpart R - XXX |
§ 238.161 - Applicability.
Latest version.
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§ 238.161 Applicability.
(a) Applicability for foreign savings and loan holding companies with total consolidated assets of more than $250 billion -
(1) General. A foreign savings and loan holding company must comply with the stress test requirements set forth in this section beginning on the first day of the ninth quarter following the date on which its average total consolidated assets exceed $250 billion.
(2) Cessation of requirements. A foreign savings and loan holding company will remain subject to requirements of this subpart until the date on which the foreign savings and loan holding company's total consolidated assets are below $250 billion for each of four most recent calendar quarters.
(b) [Reserved]