Administrative enforcement.

CFR · 2024-01-01 · US · Title 12

(a) (1) Section 8 of the Federal Deposit Insurance Act (12 U.S.C. 1818 (i) National banks, and Federal branches and Federal agencies of foreign banks, by the Office of the Comptroller of the Currency; (ii) Member banks of the Federal Reserve System (other than national banks), and offices, branches, and agencies of foreign banks located in the United States (other than Federal branches, Federal agencies, and insured State branches of foreign banks), by the Board; and (iii) Banks insured by the Federal Deposit Insurance Corporation (other than members of the Federal Reserve System) and insured State branches of foreign banks, by the Board of Directors of the Federal Deposit Insurance Corporation; (2) Section 8 of the Federal Deposit Insurance Act, by the Director of the Office of Thrift Supervision in the case of savings associations the deposits of which are insured by the Federal Deposit Insurance Corporation; and (3) The Federal Credit Union Act (12 U.S.C. 1751 (b) (2) In addition to its powers under any provision of law specifically referred to in paragraph (a) of this section, each of the agencies referred to in that paragraph may exercise, for purposes of enforcing compliance with any requirement imposed under this part, any other authority conferred on it by law. (c) (2) If the Board determines that— (i) Any bank that is not a bank described in paragraph (a) of this section; or (ii) Any other person subject to the authority of the Board under the EFA Act and this part,

official document · source cfr-2024 · id 12:§ 229.3