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Code of Federal Regulations (Last Updated: April 5, 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 252 - Enhanced Prudential Standards (Regulation YY) |
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Subpart B - Company-Run Stress Test Requirements for Certain U.S. Banking Organizations With Total Consolidated Assets Over $10 Billion and Less Than $50 Billion |
§ 252.11 - Authority and purpose.
Latest version.
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§ 252.11 Authority and purpose.
(a) Authority. 12 U.S.C. 321-338a, 1467a(g), 1818, 1831o, 1831p-1, 1844(b), 1844(c), 3906-3909, 5365.
(b) Purpose. This subpart implements section 165(i)(2) of the Dodd-Frank Act (12 U.S.C. 5365(i)(2)), which requires a bank holding company with total consolidated assets of greater than $10 billion but less than $50 billion and savings and loan holding companies and state member banks with total consolidated assets of greater than $10 $250 billion to conduct annual stress tests. This subpart also establishes definitions of stress test tests and related terms, methodologies for conducting stress tests, and reporting and disclosure requirements.
[84 FR 59100, Nov. 1, 2019]