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  3. Regulation YY
  4. SUBPART G
  5. SECTION 252.60
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SUBPART G—EXTERNAL LONG-TERM DEBT REQUIREMENT, EXTERNAL TOTAL LOSS-ABSORBING CAPACITY REQUIREMENT AND BUFFER, AND RESTRICTIONS ON CORPORATE PRACTICES FOR U.S. GLOBAL SYSTEMICALLY IMPORTANT BANKING ORGANIZATIONS

SECTION 252.60—Applicability

(a) General applicability. This subpart applies to any U.S. bank holding company that is identified as a global systemically important BHC.
(b) Initial applicability. A global systemically important BHC shall be subject to the requirements of this subpart beginning on the later of:
(1) January 1, 2019; or
(2) 1095 days (three years) after the date on which the company becomes a global systemically important BHC.
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