Allocated transfer risk reserve.

CFR · 2024-01-01 · US · Title 12

(a) (b) (i) Which international assets subject to transfer risk warrant establishment of an ATRR; (ii) The amount of the ATRR for the specified assets; and (iii) Whether an ATRR established for specified assets may be reduced. (2) (A) Whether the quality of a banking institution's assets has been impaired by a protracted inability of public or private obligors in a foreign country to make payments on their external indebtedness as indicated by such factors, among others, as whether: ( ( ( (B) Whether no definite prospects exist for the orderly restoration of debt service. (ii) ( ( ( ( (B) The initial year's provision for the ATRR shall be 10 percent of the principal amount of each specified international asset, or such greater or lesser percentage determined by the Federal banking agencies. Additional provision, if any, for the ATRR in subsequent years shall be 15 percent of the principal amount of each specified international asset, or such greater or lesser percentage determined by the Federal banking agencies. (3) (i) Of the amount of the ATRR to be established by the institution for specified international assets; and (ii) That an ATRR to be established for specified assets may be reduced. (c) (2) (3) (4) (5)

official document · source cfr-2024 · id 12:§ 28.52