What valuation and timing principles apply to purchases of and investments in securities issued by an affiliate?

CFR · 2024-01-01 · US · Title 12

(a) (i) The total amount of consideration given (including liabilities assumed) by the member bank in exchange for the security, reduced to reflect amortization of the security to the extent consistent with GAAP; or (ii) The carrying value of the security. (2) (i) (ii) (iii) (b) (2)

official document · source cfr-2024 · id 12:§ 223.23