Council information collection and coordination.

CFR · 2024-01-01 · US · Title 12

(a) (b) (1) Determine that it has reasonable cause to believe that the financial market utility is, or is likely to become, systemically important, considering the standards set out in § 1320.10; or (2) Determine that it has reasonable cause to believe that the designated financial market utility is no longer, or is no longer likely to become, systemically important, considering the standards set out in § 1320.10; and (3) Coordinate with the Supervisory Agency for the financial market utility to determine if the information is available from, or may be obtained by, the Supervisory Agency in the form, format, or detail required by the Council. (c) (d) (1) Written notice that the Council is considering whether to make a proposed determination under § 1320.12; and (2) A description of the basis for the Council's belief under paragraphs (b)(1) or (b)(2) of this section.

official document · source cfr-2024 · id 12:§ 1320.20