Applicability.

CFR · 2024-01-01 · US · Title 12

(a) (i) Any global systemically important BHC; (ii) Any Category II bank holding company; (iii) Any Category III bank holding company; (iv) Any Category II U.S. intermediate holding company subject to this section pursuant to § 252.153; (v) Any Category III U.S. intermediate holding company subject to this section pursuant to § 252.153; and (vi) Any nonbank financial company supervised by the Board that is made subject to this section pursuant to a rule or order of the Board. (2) (A) Is not a global systemically important BHC; (B) Is not a Category II bank holding company; and (C) Is not a Category III bank holding company. (ii) A U.S. intermediate holding company (including any successor company) that is subject to any requirement in this subpart shall remain subject to any such requirement unless (A) Is not a Category II U.S. intermediate holding company; and (B) Is not a Category III U.S. intermediate holding company. (3) (b) (2) A company that becomes a covered company after September 30 of a calendar year must comply with the requirements of this subpart beginning on January 1 of the third calendar year after the company becomes a covered company, unless that time is extended by the Board in writing.

official document · source cfr-2024 · id 12:§ 252.53