Categorization of banking organizations.

CFR · 2024-01-01 · US · Title 12

(a) (2) A U.S. intermediate holding company with average total consolidated assets of $100 billion or more must determine its category among the three categories described in paragraphs (c) through (e) of this section at least quarterly. (3) A foreign banking organization with average total consolidated assets of $100 billion or more and average combined U.S. assets of $100 billion or more must determine its category among the three categories described in paragraphs (c) through (e) of this section at least quarterly. (b) (c) (i) Has: (A)( ( (B)( ( ( (ii) Is not a global systemically important BHC. (2) After meeting the criteria in paragraph (c)(1) of this section, a banking organization continues to be a Category II banking organization until the banking organization: (i) Has: (A)( ( (B) Less than $75 billion in cross-jurisdictional activity for each of the four most recent calendar quarters; (ii) Has: (A) For a U.S. bank holding company or a U.S. intermediate holding company, less than $100 billion in total consolidated assets for each of the four most recent calendar quarters; (B) For a foreign banking organization, less than $100 billion in combined U.S. assets for each of the four most recent calendar quarters; or (iii) Meets the criteria in paragraph (b) to be a global systemically important BHC. (d) (i) Has: (A)( ( (B)( ( ( ( ( ( (ii) Is not a global systemically important BHC; and (iii) Is not a Category II banking organization. (2) After meeting the criteria in parag

official document · source cfr-2024 · id 12:§ 252.5