(a) Authority. 12 U.S.C. 321-338a, 1818, 1831p-1, 1844(b), 1844(c), 5361, 5365,
5366, sec. 401(e), Pub. L. 115-174, 132 Stat. 1296.
(b) Purpose. This subpart implements section
165 of the Dodd-Frank Act (12 U.S.C. 5365) and section 401(e) of the
Economic Growth, Regulatory Relief, and Consumer Protection Act, which
requires the Board to conduct annual analyses of nonbank financial
companies supervised by the Board and bank holding companies with
$100 billion or more in total consolidated assets to evaluate whether
such companies have the capital, on a total consolidated basis, necessary
to absorb losses as a result of adverse economic conditions.