Definitions.

CFR · 2024-01-01 · US · Title 12

(a) Terms that are set forth in § 217.2 and used in this subpart have the definitions assigned thereto in § 217.2. (b) For the purposes of this subpart, the following terms are defined as follows: (i) A depository institution, foreign bank, or company engaged in the business of insurance in a supervised insurance organization; and (ii) Directly subject to a regulatory capital framework. (i) For a company whose indicated capital framework is NAIC RBC, the Authorized Control Level risk-based capital requirement as set forth in NAIC RBC; (ii) For a company whose indicated capital framework is a U.S. Federal banking capital rule, the total risk-weighted assets; and (iii) For any other company, a risk-sensitive measure of required capital used to determine the jurisdictional intervention point applicable to that company. (i) A bank holding company; a savings and loan holding; a U.S. intermediate holding company established or designated for purposes of compliance with part 252 of this chapter; (ii) A depository institution as defined in section 3(c) of the Federal Deposit Insurance Act (12 U.S.C. 1813(c)); an organization that is organized under the laws of a foreign country and that engages directly in the business of banking outside the United States; a Federal credit union or state credit union; a national association, state member bank, or state nonmember bank that is not a depository institution; an institution that functions solely in a trust or fiduciary capacity; an indust

official document · source cfr-2024 · id 12:§ 217.602