Off-balance sheet exposures.

CFR · 2024-01-01 · US · Title 12

(a) (2) Where a Board-regulated institution commits to provide a commitment, the Board-regulated institution may apply the lower of the two applicable CCFs. (3) Where a Board-regulated institution provides a commitment structured as a syndication or participation, the Board-regulated institution is only required to calculate the exposure amount for its pro rata share of the commitment. (4) Where a Board-regulated institution provides a commitment, enters into a repurchase agreement, or provides a credit-enhancing representation and warranty, and such commitment, repurchase agreement, or credit-enhancing representation and warranty is not a securitization exposure, the exposure amount shall be no greater than the maximum contractual amount of the commitment, repurchase agreement, or credit-enhancing representation and warranty, as applicable. (b) (2) (i) Commitments with an original maturity of one year or less that are not unconditionally cancelable by the Board-regulated institution; and (ii) Self-liquidating, trade-related contingent items that arise from the movement of goods, with an original maturity of one year or less. (3) (i) Commitments with an original maturity of more than one year that are not unconditionally cancelable by the Board-regulated institution; and (ii) Transaction-related contingent items, including performance bonds, bid bonds, warranties, and performance standby letters of credit. (4) (i) Guarantees; (ii) Repurchase agreements (the off-balance sheet

official document · source cfr-2024 · id 12:§ 217.33