Sec. 526. Changes required to small bank holding company policy statement on assessment of financial and managerial factors

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Before the end of the 6-month period beginning on the date of the enactment of this Act, the Board of Governors of the Federal Reserve System shall revise the Small Bank Holding Company Policy Statement on Assessment of Financial and Managerial Factors (12 C.F.R. part 225—appendix C) to raise the consolidated asset threshold under such policy statement from $1,000,000,000 (as adjusted by Public Law 113–250 ) to $10,000,000,000. Subparagraph

(C)of section 171(b)(5) of the Dodd-Frank Wall Street Reform and Consumer Protection Act ( 12 U.S.C. 5371(b)(5) ) is amended to read as follows: any bank holding company or savings and loan holding company that is subject to the application of the Small Bank Holding Company Policy Statement on Assessment of Financial and Managerial Factors of the Board of Governors (12 C.F.R. part 225—appendix C). .

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public-private-law

To enhance the ability of community financial institutions to foster economic growth and serve their communities, boost small businesses, increase individual savings, and for other purposes.Dec
Public Law 113-250

U.S. Code

Leverage and risk-based capital requirements
§ 5371

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12 CFR 225

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Sec. 526

Changes required to small bank holding company policy statement on assessment of financial and managerial factors

Pub. L.Public Law 113-250

U.S.C.§ 5371

Cite12 CFR 225

Cites 3Cited by 0 across 0 sources