12 CFR 211.24 - Approval of offices of foreign banks; procedures for applications; standards for approval; representative office activities and standards for approval; preservation of existing authority
| Cite as | 12 CFR 211.24 |
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36 practice notes
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Federal Reserve System,
...foreign bank would be required to file an after-the-fact application for the Board's approval under Sec. 211.24(a)(6) of Regulation K (12 CFR 211.24(a)(6)); (ii) The General Counsel may waive the requirement for an after- the-fact application if: (A) The surviving foreign bank commits to wi......
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Response programs for unauthorized access to customer information and customer notice; interagency guidance,
...(national banks, Federal branches and agencies); 12 CFR 208.62 (State member banks); 12 CFR 211.5(k) (Edge and agreement corporations); 12 CFR 211.24(f) (uninsured State branches and agencies of foreign banks); 12 CFR 225.4(f) (bank holding companies and their nonbank subsidiaries); 12 CFR ......
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Transfer and Redesignation of Certain Regulations Involving State Savings Associations:
...(national banks, Federal branches and agencies); 12 CFR 208.62 (State member banks); 12 CFR 211.5(k) (Edge and agreement corporations); 12 CFR 211.24(f) (uninsured State branches and agencies of foreign banks); 12 CFR 225.4(f) (bank holding companies and their nonbank subsidiaries); 12 CFR ......
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Transferred OTS Regulations Regarding Safety and Soundness Guidelines and Compliance Procedures and Amendments
...12 CFR 163.180 (Federal savings associations); 12 CFR 208.62 (State member banks); 12 CFR 211.5(k) (Edge and agreement corporations); 12 CFR 211.24(f) (uninsured State branches and agencies of foreign banks); 12 CFR 225.4(f) (bank holding companies and their nonbank subsidiaries); and 12 CF......
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1 cases
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In re Sealed, No. 19-5068
...law" and mitigate any "risk to the stability of the United States financial system," id. 932 F.3d 923 § 3501(d)(3)(D)-(E). See also 12 C.F.R. § 211.24(c)(2)(vii) (Federal Reserve scrutinizes "[w]hether the foreign bank ... has established adequate controls and procedures ... to ensure conti......
5 firm's commentaries
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New York State Department of Financial Services Proposes New Cybersecurity Regulations
...12 CFR 163.180 (federal savings associations); 12 CFR 208.62 (state member banks); 12 CFR 211.5(k) (edge and agreement corporations); 12 CFR 211.24(f) (uninsured state branches and agencies of foreign banks); 12 CFR 225.4(f) (bank holding companies and their nonbank subsidiaries); 12 CFR pa......
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FinCEN Proposes New Rule Requiring Identification of Beneficial Owners
...2010); and National Association of Securities Dealers, Notice to Members 02-21 (Apr. 2002). 5 See, e.g., 12 C.F.R. §§ 208.62, 211.5(k), 211.24(f), 225.4(f), and 353.3 (2013); and 31 C.F.R. § 1023.320 (2013). 6 31 C.F.R. § 1010.620(b)(1) (2013). 7 31 C.F.R. § 1010.610(b)(1)(iii)(A) (2013). C......
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FinCEN Proposes New Rule Requiring Identification Of Beneficial Owners
...(Jan. 2010); and National Association of Securities Dealers, Notice to Members 02-21 (Apr. 2002). See, e.g., 12 C.F.R. §§ 208.62, 211.5(k), 211.24(f), 225.4(f), and 353.3 (2013); and 31 C.F.R. § 1023.320 31 C.F.R. § 1010.620(b)(1) (2013). 31 C.F.R. § 1010.610(b)(1)(iii)(A) (2013). For examp......
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Fed Opens The Door To Increased Chinese Investment In U.S. Banking Organizations
...with Order No. 2012-4 were reviewed under this lower standard. 12 U.S.C. § 1842(c)(3)(B). 57 Fed. Reg. 12992, 12995 (April 15, 1992). 12 C.F.R. § 211.24(c)(1)(ii). The US-China Business Council, available at: https://www.uschina.org/public/china/govstructure/govstructure_part6/cbrc.html ("C......
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