12 CFR 223; as amended
effective January 1, 2020
- Subpart A—Introduction and Definitions
- Section
-
Authority, purpose, and
scope
-
What is an “affiliate”
for purposes of sections 23A and 23B and this part?
-
What are the meanings of
the other terms used in sections 23A and 23B and this part?
- Subpart B—General Provisions of Section 23A
- Section
-
What is the maximum amount
of covered transactions that a member bank may enter into with any
single affiliate?
-
What is the maximum amount
of covered transactions that a member bank may enter into with all
affiliates?
-
What safety-and-soundness
requirement applies to covered transactions?
-
What are the collateral
requirements for a credit transaction with an affiliate?
-
May a member bank purchase
a low-quality asset from an affiliate?
-
What transactions by a member
bank with any person are treated as transactions with an affiliate?
- Subpart C—Valuation and Timing Principles under Section
23A
- Section
-
What valuation and timing
principles apply to credit transactions?
-
What valuation and timing
principles apply to asset purchases?
-
What valuation and timing
principles apply to purchases of and investments in securities issued
by an affiliate?
-
What valuation principles
apply to extensions of credit secured by affiliate securities?
- Subpart D—Other Requirements Under Section 23A
- Section
-
How does section 23A apply
to a member bank’s acquisition of an affiliate that becomes an operating
subsidiary of the member bank after the acquisition?
-
What rules apply to financial
subsidiaries of a member bank?
-
What rules apply to derivative
transactions?
- Subpart E—Exemptions from the Provisions of Section
23A
- Section
-
What covered transactions
are exempt from the quantitative limits and collateral requirements?
-
What covered transactions
are exempt from the quantitative limits, collateral requirements,
and low-quality-asset prohibition?
-
What are the standards under
which the Board may grant additional exemptions from the requirements
of section 23A?
- Subpart F—General Provisions of Section 23B
- Section
-
What is the market-terms
requirement of section 23B?
-
What transactions with affiliates
or others must comply with section 23B’s market-terms requirement?
-
What asset purchases are
prohibited by section 23B?
-
What advertisements and
statements are prohibited by section 23B?
-
What are the standards under
which the Board may grant exemptions from the requirements of section
23B?
-
What transactions are exempt
from the market-terms requirements of section 23B?
- Subpart G—Application of Sections 23A and 23B to
U.S. Branches and Agencies of Foreign Banks
AUTHORITY:
12 U.S.C. 371c(b)(1)(E), (b)(2)(A), and (f), 371c-1(e), 1828(j), 1468(a),
and section 312(b)(2)(A) of the Dodd-Frank Wall Street Reform and
Consumer Protection Act (12 U.S.C. 5412).
