Transition.

CFR · 2024-01-01 · US · Title 12

(a) (b) (2) For any reporting requirement under §§ 1240.61 through 1240.63, the compliance date will be no later than 10 business days after an Enterprise files its Annual Report on SEC Form 10-K for the fiscal year ending December 31, 2022. (3) For any reporting requirement under § 1240.205, the compliance date will be no later than 10 business days after an Enterprise files its Annual Report on SEC Form 10-K for the fiscal year ending December 31, 2022. (c) (d) (i) The date of the termination of the conservatorship of the Enterprise (or, if later, the effective date of this part); and (ii) Any later compliance date for § 1240.10 provided in a transition order applicable to the Enterprise. (2) (3) (i) The prescribed capital conservation buffer amount of the Enterprise will be the amount equal to the sum of— (A) The common equity tier 1 capital that would otherwise be required under § 1240.10(d); and (B) The prescribed capital conservation buffer amount that would otherwise apply under § 1240.11(a)(5); and (ii) The prescribed leverage buffer amount of the Enterprise will be equal to 4.0 percent of the adjusted total assets of the Enterprise. (4)

official document · source cfr-2024 · id 12:§ 1240.4