(a) Applicability.
(1) Initial applicability. Subject to paragraph
(c) of this section, a bank holding company must comply with the risk-management
and risk-committee requirements set forth in section 252.33 and the
liquidity risk-management and liquidity stress test requirements set
forth in sections 252.34 and 252.35 no later than the first day of
the fifth quarter following the date on which its average total consolidated
assets equal or exceed $100 billion.
(2) Changes in requirements following a
change in category. A bank holding company with average total
consolidated assets of $100 billion or more that changes from one
category of banking organization described in section 252.5(b) through
(e) to another of such categories must comply with the requirements
applicable to the new category no later than on the first day of the
second quarter following the change in the bank holding company’s
category.
(b) Cessation of requirements. Except as provided in paragraph (c)
of this section, a bank holding company is subject to the risk-management
and risk committee requirements set forth in section 252.33 and the
liquidity risk-management and liquidity stress test requirements set
forth in sections 252.34 and 252.35 until its total consolidated assets
are below $100 billion for each of four consecutive calendar quarters.
(c) Applicability for bank holding companies
that are subsidiaries of foreign banking organizations. If a
bank holding company that has average total consolidated assets of
$100 billion or more is controlled by a foreign banking organization,
the U.S. intermediate holding company established or designated by
the foreign banking organization must comply with the risk-management
and risk committee requirements set forth in section 252.153(e)(3)
and the liquidity risk-management and liquidity stress test requirements
set forth in section 252.153(e)(4).
