Resolution plan required.

CFR · 2024-01-01 · US · Title 12

(a) (i) Any global systemically important BHC; and (ii) Any nonbank financial company supervised by the Board that has not been jointly designated a triennial full filer by the Board and Corporation under paragraph (a)(2) of this section or that has been jointly re-designated a biennial filer by the Board and the Corporation under paragraph (a)(2) of this section. (2) (3) (4) (5) (6) (b) (i) Any category II banking organization; (ii) Any category III banking organization; and (iii) Any nonbank financial company supervised by the Board that is jointly designated a triennial full filer by the Board and Corporation under paragraph (a)(2) of this section. (2) (3) (4) (5) (c) (2) (3) (4) (5) (d) (i) If the next date by which the original group filers are required to submit their next resolution plans is the same date by which the other new group filers are required to submit their next resolution plans and: (A) That date is less than 12 months after the date as of which the covered company became a new group filer, the covered company shall submit its next resolution plan on or before that date. The resolution plan may be the type of resolution plan that the original group filers are required to submit on or before that date or the type of resolution plan that the other new group filers are required to submit on or before that date. (B) That date is 12 months or more after the date as of which the covered company became a new group filer, the covered company shall submit on or bef

official document · source cfr-2024 · id 12:§ 243.4