(a) A global systemically important
BHC must publicly disclose a description of the financial consequences
to unsecured debtholders of the global systemically important BHC
entering into a resolution proceeding in which the global systemically
important BHC is the only entity that would be subject to the resolution
proceeding.
(b) A global systemically important
BHC must provide the disclosure required by paragraph (a) of this
section:
(1) In the offering documents
for all of its eligible debt securities; and
(2) Either:
(i) On the
global systemically important BHC’s Web site; or
(ii) In more than one public financial
report or other public regulatory reports, provided that the global
systemically important BHC publicly provides a summary table specifically
indicating the location(s) of this disclosure.
