Functions delegated to the General Counsel.

CFR · 2024-01-01 · US · Title 12

The General Counsel (or the General Counsel's delegatee) is authorized: (a) (2) (3) (b) (2) (3) (i) Whether the requesting authority has agreed to provide reciprocal assistance with respect to banking matters within the jurisdiction of any appropriate Federal banking agency; (ii) Whether compliance with the request would prejudice the public interest of the United States; and (iii) Whether the request is consistent with the requirement that the Board conduct any such investigation in compliance with the laws of the United States and the policies and procedures of the Board. (c) (2) (3) (d) (2) (e) (1) To enter into a cease-and-desist order, removal and prohibition order, or civil money penalty assessment order with a bank holding company or any nonbanking subsidiary thereof, with a State member bank, with a savings and loan holding company, or with any other person or entity subject to the Board's jurisdiction under section 8(b) or (e) of the Federal Deposit Insurance Act (12 U.S.C. 1818(b) or (e)), when the order has been consented to by the institution or individual subject to the order; or to issue a notice suspending or prohibiting an institution-affiliated party under section 8(g) of the Federal Deposit Insurance Act (12 U.S.C. 1818(g)) when the notice has been consented to by the individual subject to the notice; (2) To stay, modify, terminate, or suspend an order or notice issued pursuant to paragraph (e)(1) of this section. (3) To grant consent to a person subject to

official document · source cfr-2024 · id 12:§ 265.6